Sumit Woods Limited — Board/Management Information 2021

Jan 13, 2021

January 13, 2021

The National Stock Exchange of India Limited. 'Exchange Plaza', C-1 Block G. BandraKurla Complex, Bandra (E) Mumbai - 400051

Dear Sir/Madam.

Sub: Intimation of Resignation of Independent Director of the Company.

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") read with Para A of Part A of Schedule III to the said Regulations, we hereby inform that Mr. Gurunath Malvankar (DIN: 08105137), has tendered resignation from the position of the Independent Director of the Company with effect from January 12, 2021. The details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 are given as under:

Sr. No.	Disclosure Requirement	Details
	Reason for Change viz.appointment, resignation,removal, death or otherwise	Resignation due to health groundMr. Gurunath Malvankar (DIN: 08105137)has been associated with the Companysince April 26, 2018.Mr. Gurunath Malvankar has expressed hisintention to resign as an IndependentDirector of the Company with effect from i.e.January 12, 2021
2	Date of appointment/cessation(as applicable) & term ofappointment	January 12, 2021

Further, the Company has received confirmation from Mr. Gurunath Malvankar that there are no other material reasons for his resignation other that those which is provided in the resignation letter dated January 12, 2021. The said confirmation received is enclosed herewith.

You are requested to take the above on your record.

Thanking you.

Yours faithfully, For Sumit Woods Limited

BHUSHAN SUBODH NEMLEKAR

BhushanNemlekar Whole time Director DIN: 00043824

Encl: As Above Sumit Woods Ltd.

B - 1101, Express Zone, W.E. Highway, Diagonally Opp. to Oberol Mall, Malad (East), Mumbai - 400 097 Tel.: 022-2874 9966 / 9977, 022-6526 7586 / 87 Fax: 022-2874 3377 Web.: www.sumitwoods.com . Email : contact @sumitwoods.com CIN No: U36101MH1997PTC152192

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To

The Board of Directors Sumit Woods Limited, B-1101 Express Zone, WEH Malad East, Mumbai -400097

Date: 12th Jan 2021

Dear Sirs,

RESIGNATION AS NON-EXECUTIVE INDEPENDENT DIRECTOR

I was honoured by appointing as Independent Director vide your letter dated the 26th April 2018. On health grounds I have decided to resign from directorship as well as memebership of various committees of Board.

Please accept my resignation with immediate effect and inform NSE/ MCA as required by regulations.

I am grateful to members of Board and management of the company for respect shown and cooperation given in allowing me to carry out my role.

Thanking you,

Shutuh Stertition

Gurunath Narayan Malvankar NON-EXECUTIVE INDEPENDENT DIRECTOR DIN: 08105137