Vinayak Polycon International Limited informed that Ms. Anima Bordia, Mr. Niraj Narendrakumar Nahata and Mr. Pawan Bijendrasingh Nahata have completed their second and final term of 5(five) consecutive years as an Independent Directors of the company on March 31, 2024 and consequently has ceased to be the Independent Directors of the Company with effect from close of business hours on March 31, 2024. The Board of Directors and management of the company place on record their deep appreciation for the valuable contribution and guidance provided by them during their association with the company as an Independent Directors. Consequent to the completion of the said second term of Ms. Anima Bordia, Mr. Niraj Narendrakumar Nahata and Mr. Pawan Bijendrasingh Nahata as an Independent Directors of the Company their membership and chairmanship in various committees of the Board also cease to exist.