VELS Film International Limited announced that the Mr. Sankara Mudaliar Jagadeesan has tendered his resignation as the Independent Director of the Company, with effect from close of business hours on 08 March 2024, citing pre-occupation and other personal commitments. Consequently, he shall also cease to be a Member of the Audit Committee, of the Company. Names of listed entities in which the Resigning director holds directorships, indicating the category of directorship and membership committees, if any: Directorship: BINNY LIMITED.

Board Committees: Audit Committee; Risk Management Committee; Nomination and Remuneration Committee and Corporate Social Responsibility Committee.