Nature of change: Re-appointment of Managing Director.
Name and DIN: Mr. Vipul Navinbhai Haria (DIN: 01690638).
Effective date and tenure: The re-appointment is effective from December 14, 2026, for a period of three years. The appointment is subject to approval by the company's members (shareholders).
Brief profile: Mr. Vipul N. Haria is a promoter of the company. His profile notes he has "rich experience in the field of oil and Gas."
Confirmation of eligibility: The disclosure confirms that Mr. Vipul Haria has not been debarred from holding the office of Director by virtue of any SEBI order or any other authority.
Relationship with other directors: Mr. Vipul N. Haria is a relative of Mr. Hemang N. Haria (Whole Time Director and CFO) and Mr. Vihan Vipul Haria (Whole Time Director) of the Company.
Governance implications: As the re-appointed Managing Director, he will be a key managerial personnel (KMP) responsible for the overall management and strategic direction of the company.
Key Financial or Operational Approvals
The Board approved the Directors' Report along with its annexure for the financial year ended March 31, 2026. No specific financial figures, results, or operational details from the report are disclosed in this filing.
Any Other Material Information
Board Meeting Details: The meeting was held on August 26, 2026. It commenced at 03:00 p.m. and concluded at 03:45 p.m.
Regulatory Compliance: The disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It references SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Process: The re-appointment was made on the recommendation of the company's nomination and remuneration committee.
