IFB Industries Ltd

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform that Mr. Harsh Vardhan Sachdev has tendered his resignation from the office of the CEO and Managing Director of Engineering Division of the Company due to personal reasons. The Board in its meeting held on 24th April 2023 accepted the resignation and he will be released after the notice period.Further in the same meeting the Board has approved the appointment of Mr. Ritesh Agarwal as Company Secretary and Compliance Officer of the Company with effect from 1st June 2023 in place of Mr. Goutam Ray Chowdhury. Brief profile of the appointee is enclosed.