Change in Director / Key Managerial Personnel

Continuation of Directorship - Mr. Pottipati Vijayakumar Reddy

  • Nature of change: Continuation of directorship beyond age 75 years
  • Name and DIN: Mr. Pottipati Vijayakumar Reddy (DIN: 01097295)
  • Effective date: Subject to approval of shareholders by Special Resolution at the 28th Annual General Meeting
  • Profile: Entrepreneur with extensive experience across diverse sectors including power generation, entertainment, electronics, hospitality, dry cell batteries, real estate, home appliances, healthcare, information technology and infrastructure. Founder of PPN Power Generating Company Private Limited which operates a 330.5 MW gas-cum-naphtha-fired combined cycle power plant in Tamil Nadu. Holds a Bachelor's degree in Commerce.
  • Relationship with other directors: Son-in-law of Mrs. Sucharitha Reddy (Managing Director) and Uncle of Mrs. Sindoori Reddy (Non-Executive Director)

Appointment of Company Secretary & Compliance Officer - Mr. Shammi Prakash

  • Nature of change: Appointment as Whole-Time Company Secretary, Key Managerial Personnel (KMP) and Compliance Officer
  • Name and Membership: Mr. Shammi Prakash (ICSI Membership No. FCS 12231)
  • Effective date: August 12, 2026
  • Profile: Fellow Member of the Institute of Company Secretaries of India with over 10 years of experience in secretarial, corporate governance, SEBI LODR Regulations and legal compliance management
  • Additional designation: Appointed as Nodal Officer for matters relating to the Investor Education and Protection Fund (IEPF) effective August 12, 2026
  • Relationship with directors: Not Applicable

Key Financial or Operational Approvals

Both appointments were approved based on recommendations from the Nomination and Remuneration Committee. The Board meeting was held on August 11, 2026, commencing at 5:10 PM and concluding at 7:20 PM.

Strategic or Business Context

The continuation of Mr. Pottipati Vijayakumar Reddy's directorship beyond the age of 75 years is being pursued pursuant to Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, indicating compliance with corporate governance norms for experienced directors.

Any Other Material Information

  • The disclosure is made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD2/I/3762/2026 dated January 30, 2026
  • Company CIN: L72300TN1998PLC041360
  • Company operates in hospitality, catering, restaurants, and management services
  • Registered & Corporate Office: 43/5, Hussain Mansion, Greams Road, Thousand Lights, Chennai - 600 006