Manaksia Steels Limited informed that Mr. Ajay Kumar Chakraborty, Non-Executive Independent Director of the Company has been absent from all the meetings of the Board of Directors of the Company held during the period of last twelve months. Consequently pursuant to provisions of Section 167(1)(b) of the Companies Act, 2013, the office of Mr. Ajay Kumar Chakraborty stands vacated w.e.f. 8th August, 2023.