Re-appointment of Mr. Eric Vivek Mazumdar (DIN: 09381549) as Director liable to retire by rotation, effective August 6, 2026. His tenure is subject to retirement by rotation provisions.
Brief profile: Eric Vivek Mazumdar is an Assistant Professor of Computing & Mathematical Sciences and Economics at the California Institute of Technology. His research interests lie at the intersection of AI, machine learning, and economics, focusing on responsible use of AI in society and sciences. He has worked on research projects at University of California, Berkeley, MIT Computer Science and Artificial Intelligence Laboratory, and MIT Koch Institute for Cancer Research. He holds a Ph.D. from UCLA, Berkeley, and was awarded Simons Institute Research Fellowship for research at the intersection of machine learning and economics.
Relationships: Mr. Mazumdar is son of Prof. Ravi Mazumdar, nephew of Ms. Kiran Mazumdar Shaw, and brother-in-law of Mr. Thomas Jason Roberts.
Confirmation of eligibility: The company confirmed that Mr. Mazumdar is not debarred from holding the office of Director by virtue of any order of SEBI or any other authority, in accordance with Stock Exchange circular dated June 20, 2018.
Cessation of Mr. Nicholas Robert Haggar (DIN: 08518863) as an Independent Director upon completion of his term, effective from conclusion of the 48th AGM held on August 06, 2026. The nature of exit was completion of term.
Change in Statutory Auditors
Retirement of B S R & Co. LLP, Chartered Accountants (Firm Registration No. 101248W/W100022), whose term expired at the conclusion of the 48th AGM held on August 06, 2026.
Appointment of S.R. Batliboi & Associates LLP, Chartered Accountants (Firm Registration No. 101049W/E300004), as the new Statutory Auditors for a term of 5 consecutive years, from conclusion of the 48th AGM till conclusion of the 53rd AGM to be held in 2031.
Brief profile of new auditors: S.R. Batliboi & Associates LLP is a limited liability partnership firm incorporated in India in 1949 with registered office in Kolkata and offices across key Indian cities. The firm is registered with ICAI and is part of the S. R. Batliboi & Affiliates network which includes S. R. Batliboi & Co LLP, S. R. Batliboi & Associates LLP, S R B C & CO LLP, and S. V. Ghatalia & Associates LLP. The network firms primarily provide audit and assurance services to clients across diverse sectors including Industrial, Infrastructure, Consumer Products, Financial Services, Technology, Media and Entertainment, Telecommunications, and Professional services.
Any Other Material Information
The changes were approved at the 48th Annual General Meeting held on Thursday, August 06, 2026, through video conferencing/other audio-visual means.
The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
