VRL Logistics Limited — Board/Management Information 2018

Oct 31, 2018

etailsinaccordancewithSEBIcircular CIR	/CFD/CMD/4/20Ls dated September 09,2015 areasfollows:
Nameofthe Director	Mr.Chantar Karunakar Shetty
Categoryof the Director	IndependentDirector
Reasonforchange-Resignation	PrecommitmentsascitedbyMr.Chantar
	KarunakaraShetty (Resignationletterenclosed)
Date of cessation	Cessationproposedw.e.f dateofensuingBoard
	Meeting i.e3'dNovember2018

The Board of Directors VRL Logistics Limited Corporate Office, Giriraj Annexe, Circuit House Road Hubballi - 580 029

Dear Board members,

Sub: Resignation from Directorship

Due to certain pre-commitments I would be unable to actively participate in the Board proceedings as in the past. As such, I wish to tender my resignation from the post of Independent Director in the Company and would request Board to accept the same and relieve me from my duties with effect from the date of ensuing Board Meeting i.e. 3'" November 2018.

I cherish my tenure as a Director in the Company and treat the same as privilege. I am grateful to all the members of the Board and also the top management team of the Company for the excellent co­ operation given during the tenure of my directorship in the Company.

I also wish to state and confirm that other than as stated above, there is no other material reason for my resignation.

I wish the Company all the success in the days to come.

Thanking you,

Yours faithfully,

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Place: Bengaluru Date 31.10.2018