PARNAX LAB LTD. - Announcement under Regulation 30 (LODR)-Change in Directorate

In terms of Regulation 30(2) read with part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 ("the Listing Regulations"), we wish to inform you that on the recommendations of Nomination and Remuneration Committee, the Board of Directors of the Company, in their meeting held today i.e., 28th May, 2021 has inter-alia considered and approved the appointment of Mr. Yogesh Varia (DIN:09186184) as an Additional Director (Non-Executive Independent Director) of the Company for a term of five (5) consecutive years w.e.f. 28th May, 2021 subject to the approval of shareholders at the ensuing Annual General Meeting.