The Board of Directors of the Company, at their meeting held on Friday, November 13, 2026, based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Devesh Daga (DIN: 12049858) as an Additional Director of the Company. The appointment is made under Section 161(1) of the Companies Act, 2013, in the capacity of Executive Director, with effect from November 13, 2026.
This appointment is subject to the approval of the shareholders of the Company in the next general meeting to be held within 3 months. As an Additional Director, Mr. Daga is liable to retire by rotation.
Role and Responsibilities
As Executive Director, Mr. Devesh Daga will be responsible for overseeing the Company's marketing and business development functions, project management and operational activities. His specific focus areas include expanding the Company's business network, developing new market opportunities, strengthening relationships with architects and interior designers, and improving operational efficiency and execution of projects.
Background and Qualifications
Mr. Devesh Daga holds a Bachelor of Science (B.Sc.) degree in Economics and Finance. He is currently associated with the Company as Assistant Vice President – Marketing and is involved in the Company's marketing, business development and project-related activities. He has over 5 years of experience in developing business opportunities, strengthening market presence, and building professional relationships with architects, interior designers, channel partners and other stakeholders.
Related Party Disclosure
Mr. Devesh Daga is the son of Mr. Shyam Daga, Managing Director of the Company, and is the nephew of Mr. Rajiv Daga, Non-Executive Non-Independent Director of the Company.