TRF Limited announced that Mr. T.V. Narendran (DIN: 03083605) has resigned as the Non-Executive Director of the Company and consequently has ceased to be the Chairman of the Board. The resignation is effective December 16, 2022. The Board has taken note of the resignation and placed on record its sincere appreciation for the leadership, guidance and contribution made by Mr. Narendran during his tenure as Member and Chairman of the Board.

Mr. Koushik Chatterjee (DIN: 00004989) has resigned as the Non-Executive Director of the Company. The resignation is effective December 16, 2022. The Board has taken note of the resignation and placed on record its sincere appreciation for the contribution made by Mr. Chatterjee during his tenure as Member of the Board.

The Board elected Mr. Avneesh Gupta, Non-Executive Director as the Chairman of the Board, effective December 17, 2022 in place of Mr. T.V. Narendran and approved appointment of Mr. Sanjib Nanda as Additional Director (Non-Executive Non-Independent) of the Company.