1. Appointment of Interim Head – Internal Audit as Senior Management Personnel

Mr. Pushpendrakumar has been appointed as Interim Head – Internal Audit and designated as a Senior Management Personnel of the Company with effect from June 09, 2026.

Details of Mr. Pushpendrakumar (as per Annexure-A):

  • Name: Pushpendrakumar
  • Reason for Change: Appointed as Interim Head – Internal Audit
  • Date of Appointment: June 09, 2026
  • Brief Profile: Mr. Pushpendrakumar is a seasoned professional with over 16 years of experience in the Banking, NBFC, and NBFC-MFI sectors. His previous employers include AU Small Finance Bank, Utkarsh Small Finance Bank, IIFL Samasta Finance, Muthoot Fincorp, Asirvad Micro Finance, and Satin Creditcare Network Limited. He holds an MBA from Technical University, Kota and a Bachelor of Computer Applications (BCA) from Rajasthan University. His expertise spans internal audit, risk management, operational controls, compliance monitoring, branch audits, process reviews, and fraud risk assessment across multi-location operations. He possesses strong expertise in strengthening governance frameworks, evaluating internal control systems, implementing risk-based audit methodologies, and driving process improvements.
  • Relationships with Directors: He is not related to any Director of the company.

2. Reconstitution of Board Committees

The Board of Directors has approved the reconstitution of certain Board Committees with effect from June 09, 2026:

Audit Committee:

  • Mr. Yash Shah – Chairman (Independent Director)
  • Mr. Pinakin Shah – Member (Independent Director)
  • Mr. Alok Prasad – Member (Independent Director)
  • Mr. Aalok Patel – Member (Vice Chairman & Managing Director)

Nomination and Remuneration Committee:

  • Mr. Pinakin Shah – Chairman (Independent Director)
  • Mr. Alok Prasad – Member (Independent Director)
  • Mr. Yash Shah – Member (Independent Director)
  • Ms. Rita Patel – Member (Non-Executive Director)

Corporate Social Responsibility Committee:

  • Mr. Jayendra Patel – Chairman (Whole-time Director)
  • Mr. Pinakin Shah – Member (Independent Director)
  • Ms. Geeta Solanki – Member (Independent Director)