Change in Director / Key Managerial Personnel

Nature of change: Appointment of Chief Business Officer-South and designation as Senior Management Personnel

Name and DIN of the individual: Mr. Ravi Vadhavkar (DIN not disclosed in the filing)

Effective date and tenure: Appointment effective from 22nd June 2026. Term of appointment not specified.

Brief profile and relevant qualifications: Ravi Vadhavkar is a seasoned real estate leader with over 23 years of diverse experience across real estate development, P&L management, asset management, design & construction, business development, land acquisition, valuation, and strategic consulting.

Professional experience includes:

  • Vice President & City Head - Bangalore at CapitaLand: Led end-to-end P&L and asset management for a commercial portfolio of over 9 million sq. ft. (6 million operational and 3 million under construction), driving strategic growth, leasing, construction, capital projects, and stakeholder management
  • Project Director at Godrej Properties: Successfully managed multiple large-scale residential developments with a combined revenue exceeding ₹3,500 crore
  • Previous roles at Puravankara, Colliers International, Knight Frank, Tata Housing, and Pulte Homes (USA)

Educational qualifications:

  • Post Graduate Programme in Management (PGPM) from the Indian School of Business (ISB), Hyderabad
  • Master's in Architecture (Construction Management) from Virginia Tech, USA
  • Bachelor of Architecture from the University of Mumbai

Confirmation of eligibility: The appointment complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 and SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 11th July, 2023 (last updated 30th January, 2026)

Relationship with other directors: Not Applicable (as per disclosure)

Declaration compliance: Not Applicable for BSE Circular Ref. No. LIST/COMP/14/2018-19 and NSE Ref. No. NSE/CML/2018/24 dated 20th June, 2018

Key Financial or Operational Approvals

No financial or operational approvals mentioned in this disclosure

Strategic or Business Context

No specific business outlook, risks, or strategic context provided in this disclosure

Any Other Material Information

The disclosure was made pursuant to Regulation 30 of SEBI LODR Regulations and was digitally signed by Prakash Bhogibhai Makwana, Company Secretary, on 22nd June, 2026 at 18:14:08 +05'30'.