Change in Director / Key Managerial Personnel

Nature of change: Appointment of four Senior Managerial Personnel (SMP)

Appointment Details:

  • Mr. Ritesh Kumar, Senior Vice President
  • Effective Date: July 13, 2026
  • Tenure: Not specified
  • Experience: 19+ years with company, 20+ years industry experience
  • Profile: Led key business transformation initiatives across sales, marketing, distribution, and operations. Expertise in strategy execution, channel development, and business innovation. Holds MBA from IIMT, Greater Noida and completed Senior Management Programme from IIM Ahmedabad.
  • Mr. Manoj Tiwari, Vice President – Operations (Appliances & Flasks)
  • Effective Date: July 13, 2026
  • Tenure: Not specified
  • Experience: 13+ years with company
  • Profile: Extensive experience in category portfolio management, product development, operations. Expertise in new product development, strategic sourcing, inventory planning, procurement, quality management, and after-sales service. Played key role in establishing and scaling product categories including appliances, vacuum-insulated flasks, and cookware. Holds B.Tech from Uttar Pradesh Technical University and completed Senior Management Programme from IIM Ahmedabad.
  • Mr. Dev Rishi Bhatnagar, Vice President & Cluster Head - Jaipur Operations
  • Effective Date: July 13, 2026
  • Tenure: Not specified
  • Experience: 36+ years in manufacturing, operations, automation, capacity expansion, and business transformation
  • Profile: Previously Vice President - Operations at Hamilton Housewares Pvt. Ltd., leadership positions at Lifelong India Ltd., Bright Brothers Ltd., and Whirlpool of India Ltd. Expertise in engineering, manufacturing, and production management. Holds B.Tech in Mechanical Engineering.
  • Mr. Pradeep Joshi, Associate Vice President – Secretarial
  • Effective Date: July 13, 2026
  • Tenure: Not specified
  • Experience: 25+ years in corporate secretarial practice, governance, and regulatory compliance
  • Profile: Previously Chief General Manager (Company Law) & Company Secretary at JK Paper Limited, Associate Vice President (Secretarial) at Welspun Corp Limited. Member of ICSI, holds Diploma in Business Management from IGNOU, LL.B., and Bachelor of Science from Devi Ahilya Vishwavidyalaya, Indore.

Confirmation of Eligibility: All appointments based on recommendation of Nomination and Remuneration Committee and approved by Board of Directors. Compliance with Regulation 30 of SEBI Listing Regulations and SEBI Master Circular updated as on January 30, 2026.

Relationship with Directors: Not Applicable for all appointments

Key Financial or Operational Approvals

The Board meeting approved the appointments of four Senior Managerial Personnel. The meeting commenced at 02:05 p.m. and concluded at 02:35 p.m. on July 13, 2026.

Strategic or Business Context

No specific business outlook, risks, trends, or strategic context provided in the disclosure.

Any Other Material Information

Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.