Kabra Extrusiontechnik Limited announced at the board meeting held on November 1, 2022 that the company approved resignation of Mr. Shreevallabh G. Kabra, from the designation of Managing Director of the Company and he will continue to as the Executive Chairman of the Company. Approved the appointment of Mrs. Ekta Anand Kabra, as the Managing Director of the Company who is currently Director - Strategy of the company subject to shareholder approval. Mrs. Ekta A. Kabra, holds degree as B.A. ­ Economics, Delhi University and MBA ­ Family Business from S. P. Jain Institute of Management and Research.

She is Partner in Kolsite Industries and Kolsite Corporation LLP, with which the Company has /may have business dealings. She has over 15 years of post- qualification experience. Her area of expertise includes Knowledge on Company's businesses, plastic industry prospects, policies and culture (incl.

Mission, Vision & Values) major risks /threats and potential opportunities, Business Strategy, Sales & Marketing.