IFB Industries Limited has informed the Exchange regarding Resignation of Mr Raj Shankar Ray as Managing Director & CEO of the company w.e.f. July 16, 2024. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Mr. Raj Shankar Ray, Managing Director & CEO of Home Appliances Division has tendered his resignation from the office of the Managing Director & CEO of Home Appliances Division of the Company due to personal reasons and he will be released after the notice period of 90 (Ninety) days.