The Board of Directors of Nandan Denim Limited at its Meeting held on 9 February, 2023 approved resignation of Mr. Mahesh Jain as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company from closing of business hours of 9 February, 2023. Based on assessment and recommendation of Nomination & Remuneration committee and approval of Audit Committee and in accordance with provision of Section 203 of Companies Act, 2013, the Board of Directors has considered and approved the appointment of Mr. Ashok Jain as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with effect from 10 February, 2023. Mr. Ashok Kumar Jain is having almost 30 years relevant experience in Various Company and worked with organization(s) like M/s. Poddar Tyres Ltd, M/s. Rajasthan Petro Synthetics, M/s J.K. Udaipur Udyog Ltd., M/s International Tractor Ltd., M/s Jindal Saw Ltd., EHES Ltd. Etc.