East West Holdings Limited announced that Ms. Minaxiben Dilipbhai Khetani ceased to be Independent Director of the Company upon completion of her first term of 5 (five) consecutive years at the close of business hours on 14th December, 2022. Ms. Minaxiben Dilipbhai Khetani joined the Board of Directors of the Company in the year 2017 and the Company places on record its sincere appreciation for the contribution made by Ms. Minaxiben Dilipbhai Khetani, during her tenure on the Board of the Company. Ms. Mussarrat Asif Purkait vide her letter dated 14th December, 2022 has tendered her resignation as Executive Director of the Company with effect from the close of business hours of 14th December, 2022.

The Board of Directors of the Company noted her communication and appreciates the services rendered by her during her tenure.