Libas Consumer Products: Outcome of Board Meeting

Pursuant to Regulation of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we wish to inform you that the meeting of the Board of Directors of Libas Consumer Products Limited was held on Thursday, January 11, 2024 has approved:1. Change in designation of Mr. Riyaz Ganji from Wholetime Director to Joint Managing Director with effect from approval of shareholders;2. Change in designation of Mr. Nishant Mahimtura from Director to Wholetime Director with effect from approval of shareholders;3. Noting of resignation of Mr. Nishant Mahimtura from the post of CFO upon appointing as Wholetime Director with effect from conclusion of business hours of November 11, 2024, Brief details are provided as Annexure A;4. Appointment of Mr. Mohammed Shabbir Sakerwala as CFO of the Company with effect from November 12, 2024. Brief details are provided as Annexure B.5. Approval of draft Postal Ballot notice;6. Appointment of M/s SARK & Associates LLP, Company Secretaries as Scrutinizer.