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The Board has appointed Mr. Vijayendra Santharam Seranyan Pasumarthi as an Additional Whole-time Director and Mr. Purusothama Reddy Marrikunta as an Additional Independent Director, both subject to shareholder approval. Mr. Sudheer Rayachoti has been designated as Chairman. Moreover, the Board noted the newly compliant composition and authorized the Managing Director to oversee the execution of the previously approved Resolution Plan by the NCLT. The draft Board's Report for FY 2023-24 was approved, and the 17th Annual General Meeting is scheduled for December 31, 2024. These changes suggest a proactive management strategy, potentially boosting investor confidence while ensuring compliance and governance adherence.