Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') read with Part A of Schedule III of the Listing Regulations, please be informed that the Board of Directors of ICRA Limited (the 'Company') has approved, as recommended by the Nomination and Remuneration Committee in its meeting held today, the proposal for the continuation of directorship of Mr. Arun Duggal (DIN: 00024262) as a Non-Executive and Independent Director of the Company, after attaining the age of seventy-five years, upto his present term as an Independent Director, on the existing terms and conditions, subject to approval of the members of the Company.