Mr. V. B. Mahajan, a member of the Board of Directors of the Company, passed away peacefully on 05 August 2017. Mr. Mahajan had been a member of the Board for over 22 years, since 1995, and was the senior most member of the Board of Directors. He has seen the Company grow from its very early stages,and provided the Company most valuable advice and guidance on finance and strategy, and on matters of Corporate Governance. He will be remembered by his colleagues as a thorough professional, for his mild and warm nature, and for his tremendous understanding of Ayurveda. Our prayers and gratitude are with all members of his family.