Board Meeting Details

The Board of Directors meeting was held on Friday, July 24, 2026, commencing at 1:30 p.m. and concluding at 2:00 p.m.

Appointments Approved

The board approved the appointment of three new directors:

1. Mr. Sahaj Jain (DIN: 11806119) was appointed as a Whole-Time Director for a term of 3 years, effective July 24, 2026. This appointment is subject to approval by the company's members (shareholders) within 3 months from the date of appointment. He has been designated as a Key Managerial Personnel (KMP). His profile indicates he holds an MBA in Finance and has approximately 9 years of experience in accounting, auditing, taxation, financial reporting, and financial management.

2. Mr. Suyash Choudhary (DIN: 11448990) was appointed as a Whole-Time Director for a term of 3 years, effective July 24, 2026. This appointment is also subject to member approval within 3 months. He has been designated as a Key Managerial Personnel (KMP). He will continue in his existing role as Company Secretary & Compliance Officer of the company. His profile indicates he is a Commerce Graduate and an Associate Company Secretary with nearly 7 years of experience in corporate governance, regulatory compliance, and liaison with regulators like RBI and SEBI.

3. Mr. Pramod Kishore Shrivastava (DIN: 01023565) was appointed as an Additional Director & Chairman of the Board (Non-Executive), effective July 24, 2026. This appointment is subject to member approval within 3 months. His profile indicates he is a Chartered Accountant and LL.M. with over two decades of expertise in financial control, treasury, investment planning, and corporate laws.

For all three appointments, it was disclosed that the incoming directors are not debarred from holding the office of director by virtue of any SEBI order or any other authority. No relationships between the directors were disclosed.

Resignations Noted

The board noted the resignations of three directors, all effective from the closure of working hours on July 24, 2026:

1. Mr. Rakesh Sahu (DIN: 08433972) resigned from the position of Whole-Time Director & CFO due to personal reasons. His resignation letter, addressed to the board and dated July 24, 2026, confirmed no material reasons for resignation other than personal ones.

2. Mr. Vikas Gupta (DIN: 09438941) resigned from the position of Non-Executive Director due to pre-occupation. His resignation letter, dated July 24, 2026, confirmed no other material reasons.

3. Mr. Rajendra Kumar Sohani (DIN: 00379042) resigned from the position of Non-Executive Director owing to personal reasons and other commitments. His resignation letter confirmed no other material reasons.

Financial Impact

No direct financial impact, operational impact, or capital structure changes are quantified or disclosed in this filing. The disclosure pertains solely to changes in the board composition and management.