Lakshmi Machine Works Limited announced Appointment of Sri. Jaidev Jayavarthanavelu (DIN: 07654117) as Whole Time Director of the Company: i. Reason for Change: Considering the prior experience of Sri Jaidev Jayavarthanavelu in the fields of aerospace, logistics, information technology and finance, the Board of Directors have recommended his appointment as Whole Time Director to the Members. ii.

Date of Appointment: With effect from 07th August 2023, subject to the Shareholders approval in the ensuing Annual General Meeting to be held on 31st July 2023. iii. Term of Appointment: A) Term: The tenure of appointment of Whole Time Director shall be for a period of 5 (Five) years commencing from 07th August 2023.