Further to McNally Bharat Engineering Company Limited letter dated 14 September 2022 informing about the appointment of Mr. Pradyuman Baidya, Vice President- Finance (having ICAI Membership No. 60713) as the Interim Chief Financial Officer ("Interim CFO") of the Company with immediate effect, the Committee of Creditors under the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code 2016 (the "Code") has approved of the appointment of Interim CFO at the Fifth meeting of the Committee, through means of e-voting conducted from Friday 16 September 2022 till 21 September 2022 under Regulations 25(5) and 26(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.