Swadeshi Polytex Ltd

1. Two five years term of existing Independent Directors as per Section 149 will be ceased w.e.f. 31st March 2024. Independent Directors who will be ceased on 31st March 2024 are as follows:1. Mr. Shyam Sunder Madan2. Mr. Naveen Aggarwal3. Mr. Niranjan Kumar Gupta2. The appointment of following Additional Directors in the category of Independent Director of the Company for a period of 5 years after the recommendation of Nomination & Remuneration Committee and subject to the approval of Shareholders at their meeting w.e.f. 1st April 2024:1. Mr. Gaurav Lodha (DIN: 03414211)2. Mr. Rishabh Chand Lodha (DIN: 07177605)3. Mr. Atul Seksaria (DIN: 00028099)4. Ms. Shukla Bansal (DIN: 00285477)Details under Regulation 30 read with Schedule III of the Listing Regulations as amended from time to time SEBI Circulars: SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11 2023 and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13 2023 are given in Annexure 1.