Him Teknoforge Limited announced that Mrs. Indu Gupta was appointed as a Nominee Director on the Board of the company with effect from January 28, 2023 pursuant to nomination letter received from IFCI Venture Capital Funds Ltd. dated December 28, 2022 and Pursuant to the Provisions of Regulation 17 (1C) of SEBI LODR 2015, this appointment was required to obtain approval from the shareholders in the next general meeting or within a period of three months from the date of appointment, whichever is earlier. Whereas the Company has not taken the approval of shareholders by conducting a general meeting or Postal ballot within the due course of time of three months as required under Regulation 17 (1C) of SEBI LODR 2015 and due to above mentioned grounds she ceased to be a director on the Board of the company with effect from April 27, 2023 (i.e., after 3 months of the appointment).