SUNGOLD CAPITAL LTD. - Announcement under Regulation 30 (LODR)-Change in Directorate

The Board discussed and approved the following matter: 1. Approval of appointment of Ms. Moksha Shah as an additional non executive Independent Director 2. Approval of appointment of Mr. Avinash Nolkha as an additional non executive Independent Director 3. Approval of appointment of Mr. Bakulesh Oza as an additional Non- executive Non-Independent Director 4. To take note of Resignation of Ms. Karishma Kaku from the post of Non Executive Independent Director 5. To take note of Tenure Completion of Mr. Uma Maheshwara Rao Sikhinam from the post non executive Independent director 6. To take note of resignation of Mr. Rajesh Pillai from the post of Non executive Non - Independent Director 7. In view of above the board approved formation and reconstitution of Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee.