Carraro India Director Manufacturing Change

Nature of change: Superannuation (cessation) and appointment of Director of Manufacturing

Cessation Details:

Mr. Sanjay Kumar, Director of Manufacturing, ceases as Senior Management Personnel (SMP)
Effective from close of business hours on Wednesday, 30th September, 2026
Reason: Superannuation from services

Appointment Details:

Brief Profile of Mr. Dheeraj Kumar Rai:

Holds Bachelor's Degree in Mechanical Engineering from Government Engineering College, Jabalpur
Holds Master of Technology (MTech) from Maulana Azad National Institute of Technology, Bhopal
Previously associated with Tata Cummins Pvt. Ltd., Meritor India, Suzlon Energy Limited and Asia Motor Works
Responsible for ensuring Manufacturing Operations, overall equipment effectiveness and operational excellence

Regulatory Compliance:

Appointment approved by Board of Directors based on recommendation of Nomination and Remuneration Committee
Compliance with Regulation 30 (read with Part A of Schedule III) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Additional Information:

No relationships between directors disclosed
No additional disclosures required under Clause 7C of Part A of Schedule III of SEBI LODR Regulation
Filed by Mohith Kumar Khandelwal, Company Secretary and Compliance Officer (Membership No.: F11243)

Company Details: