Based on the recommendation of Audit Committee, the Board has approved the appointment of M/s S S Kothari Mehra & Co. LLP, Chartered Accountants as Statutory Auditors of the Company for a term of five consecutive years, commencing from the conclusion of 44th ensuing Annual General Meeting till the conclusion of the 49th Annual General Meeting, subject to the approval of shareholders. \r\n\r\nBrief profile is attached.