ALBERT DAVID LTD. - Announcement under Regulation 30 (LODR)-Retirement

Pursuant to Regulation 30 of the Listing Regulations, based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee, and approval by the Board of Directors in their respective meetings held on November 10, 2020, we wish to inform that;<BR> <BR> - Mr. Subhash Chandra Shah shall retire from the post of Chief Financial Officer and Key Managerial Personnel with effect from close of business hours of 30th November, 2020.<BR> <BR> - Mr. Ranadeep Bhattacharya will be appointed as the new Chief Financial Officer and Key Managerial Personnel of the Company with effect from 1st December, 2020. <BR> <BR> The details required under regulation 30 of Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are given in Annexure A.<BR> <BR> The Board Meeting commenced at 5.45 pm and concluded at 6.20 pm.<BR> <BR> Please take the above information on record.