Liberty Shoes Ltd. announced the demise of Independent Director, Sh. Gautam Baid (DIN: 00021400), on April 4, 2025. * Mr. Baid had been associated with the company since 2022 and his contributions were valued. * The Board and Management expressed deep condolences. * The company will appoint a new Independent Director as per regulations. * This disclosure is under Regulation 30 of SEBI LODR.