Nature of change: Cessation of an Independent Director due to completion of maximum permissible term.
Name and DIN: Mr. Anurag Patni (DIN: 07580695).
Effective date: The cessation will be effective at the closure of business hours on October 21, 2026.
Reason for change: Mr. Patni will complete his second and final term of five years as an Independent Director on October 21, 2026. As per SEBI regulations, an independent director can serve a maximum of two consecutive terms.
Tenure: He served two full five-year terms.
Brief profile: Not provided in the disclosure.
Confirmation of eligibility: The cessation is due to regulatory term limits, implying the appointment was previously compliant with SEBI/BSE/NSE norms.
Relationship with other directors: Not disclosed.
Previous KMP: Mr. Anurag Patni held the position of Independent Director. His tenure is ending due to regulatory term completion, not resignation or removal.
Key Financial or Operational Approvals
The board meeting held on August 13, 2026, did not approve any financial results, fundraising, acquisitions, or other strategic decisions. The sole agenda item was to take note of the impending cessation of the Independent Director.
Strategic or Business Context
No commentary on business outlook, risks, trends, or macro/micro developments was provided in this disclosure.
No segment-wise insights, forward-looking actions, or operational metrics were disclosed.
Any Other Material Information
Regulatory Compliance: This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III.
SEBI Circular: The disclosure also complies with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Board Meeting Details: The meeting was held on Thursday, August 13, 2026, at the company's registered office ("Baid House", IInd Floor, 1-Tara Nagar, Ajmer Road, Jaipur-302006). It commenced at 4:00 P.M. and concluded at 5:10 P.M.
