Based on the recommendations of the Nomination and Remuneration Committee and approval of the Audit Committee, DCW Limited informed that, the Board of Directors of the Company at its meeting held on June 23, 2022 has: Taken on record the retirement of Mr. Vimal Jain, Sr. Vice President & Chief Financial Officer, with effect from the close of business hours on June 30, 2022, upon his attaining the age of superannuation; and Considered and approved the appointment of Mr. Pradipto Mukherjee, the existing Sr. Vice President (Accounts & Finance), as the new Chief Financial Officer the Company with effect from the start of business hours on July 1, 2022. Mr. Pradipto Mukherjee, aged 45 years, was appointed as the Company's Sr. Vice President (Accounts & Finance) on March 2, 2022. Mr. Mukherjee is a Chartered Accountant with over 20+ years of rich post-qualification work experience in the field of Accounts & Finance.

He also holds a bachelor's degree in Science from Calcutta University. He was associated with companies like Hindalco Industries limited, Glenmark Pharmaceuticals & Enaltec Labs. His experience extensively spread across Non-Ferrous Metals (upstream & downstream) & Pharmaceuticals.

Functionally, he has rich experience ranging from Plant Finance to Corporate Finance, Treasury and Taxation. Mr. Mukherjee joins the company from Enaltec Labs, where he was heading the Entire Finance & Accounts function working closely with the Founder Promoters of the company since early 2019. He also assumed leadership role of Global Operation & Supply Chain Finance in Glenmark Pharmaceuticals driving its financial strategy during the company's growth phase from 2011 to 2018, wherein he was working closely with the President & Head of Global Operation, Chief Financial Officer and the Chairman Managing Director.

He has a proven track record of assuming leadership roles of increasing responsibility, driving operational efficiency, establishing and strengthening Operational & Financial Controls. As CFO, Mr. Mukherjee will be responsible for accounting, treasury, financial planning and analysis, tax, investor relations and all matters related to accounts & finance.