Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI Listing Regulations
Director Changes:
1. Retirement of Mr. Sameer Nath:
- Mr. Sameer Nath (DIN: 07551506), Non-Executive Director, retires by rotation at the 15th AGM
- He has expressed desire not to seek re-appointment
- Board noted and accepted his request
- Recommended that his reappointment not be sought at the ensuing AGM
- Effective date of cessation: September 14, 2026
2. Proposed Appointment of Mr. Amit Jain:
- Recommended appointment of Mr. Amit Jain (DIN: 01613364) as Non-Executive, Non-Independent Director (Professional)
- Liability: To retire by rotation
- Subject to approval of members at the ensuing Annual General Meeting
Profile of Mr. Amit Jain:
- Date of Birth: November 12, 1976
- Age: 49 years
- Qualification: B.Tech in Civil Engineering from IIT Delhi
- Current Position: Chief Executive Officer and Co-Founder of CarDekho Group
- Professional Background:
- Began career as Software Engineer with Tata Consultancy Services
- Nearly 7 years with US-based multinational firm Trilogy
- Co-founded GirnarSoft in 2007 (foundation for CarDekho Group)
- CarDekho Group Details:
- Autotech, fintech and mobility services platform
- Valued at USD 1.2 billion
- Recognized as one of India's homegrown unicorns
- Employs over 6,000 professionals
- Serves 40+ million active users monthly across India and Southeast Asia
- Portfolio includes: Autotech (CarDekho.com, BikeDekho, ZigWheels, PowerDrift), insurtech (InsuranceDekho), fintech (rupyy), mobility (Revv, Carrum), international operations (CarMudi, Oto)
- Additional Roles:
- Serves on investors' panel of Shark Tank India
- Member of Startup Policy Forum
- Advocate for sustainable growth
- Led CarDekho Group to commit to carbon neutrality by 2050 under UN Climate Neutral Now programme
- Shareholding in Company: Nil
- Other Listed Entity Directorships: Nil
- Relationships between Directors: None
Other Board Approvals:
1. Revised Director's Report: Approved revised Director's Report for FY ended March 31, 2026 incorporating modifications related to:
- Recording retirement of Mr. Sameer Nath
- Recommendation for appointment of Mr. Amit Jain
2. AGM Notice: Approved Notice of 15th Annual General Meeting scheduled for September 14, 2026
Compliance References:
- Filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026