Aditya Birla Fashion and Retail Limited approved the appointment of Additional Non-Executive Directors on the Board of the Company, effective January 30, 2023: Ms. Ananyashree Birla and Mr. Aryaman Birla. Ms. Ananya Birla and Mr. Aryaman Vikram Birla have recently been inducted as Directors on the board of Aditya Birla Management Corporation Pvt. Ltd, the apex body that provides strategic direction to the Aditya Birla Group's businesses.

Ms. Ananya Birla is a successful business woman and platinum selling artist. Her first company, Svatantra Microfin Pvt Ltd, founded at the age of 17, is amongst India's fastest growing MFI's. It has crossed an AUM of 1 billion USD, and has grown at a CAGR of 120% (2015-2022). With over 7000 employees, it has consistently been accorded a Great Place To Work.

With a CRISIL A+ rating, Svatantra is the youngest, highest rated organization in the sector. Svatantra successfully acquired Micro Housing Finance Corporation Ltd. in 2018. Her innovation across the business has resulted in a number of firsts in the industry, and solidified Svatantra's position as an industry leader in financial services.

Ms. Birla is also the founder of design-led home decor brand Ikai Asai. On the social front, Ms. Ananya Birla has co-founded Mpower, and advocates the need for conversations around mental health in India. She is also the founder of the Ananya Birla Foundation that does pioneering research in mental health and social impact.

Mr. Aryaman Vikram Birla comes with diverse experience which includes, entrepreneurship, VC investing, and professional sport. Aryaman is closely involved with several businesses of the Aditya Birla Group. In consultation with the Group Chairman, Mr. Kumar Mangalam Birla, he is actively championing the Group's foray into new-age businesses.

Aryaman helped incubate the Group's D2C platform, TMRW, and is a director on its board. His maiden entrepreneurial foray was in the hospitality business. Aryaman is also spearheading the Group's Venture Capital fund, Aditya Birla Ventures.

Prior to joining ABG, Aryaman was a prolific first-class cricketer.