1. Change in Director / Key Managerial Personnel

Nature of change: Resignation and appointment

Resignation Details:

  • Mr. Manoj Singhania resigned from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP)
  • Effective from the close of business hours on August 10, 2026
  • Reason: Consequent to taking over other responsibilities within the Group
  • Confirmed no material reasons for resignation other than those stated
  • Board accepted resignation and placed on record appreciation for his services

Appointment Details:

  • Mr. Ayush Sharma appointed as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP)
  • Effective from August 10, 2026
  • Appointment based on recommendations of Nomination and Remuneration Committee and Audit Committee

Brief profile of Mr. Ayush Sharma:

  • Seasoned finance professional with over 14 years of experience
  • Expertise in financial management, strategic planning, corporate finance, financial advisory, audit, regulatory compliance, and business finance
  • Extensive expertise in financial reporting, accounting, taxation, internal controls, treasury management, budgeting, risk management, capital structuring, and statutory compliance
  • International professional exposure in Dubai with understanding of global financial practices, governance frameworks, and regulatory standards
  • Strong track record of driving financial strategy, strengthening governance frameworks, optimizing capital allocation, enhancing operational efficiency, and supporting sustainable business growth
  • Experience working with senior management and key stakeholders in developing financial strategies, ensuring regulatory compliance, improving financial reporting systems, and establishing effective internal control mechanisms

Relationship with other directors: Not Applicable

Previous KMP: Mr. Manoj Singhania held the position of CFO earlier, resigned effective August 10, 2026

2. Key Financial or Operational Approvals

The Board of Directors approved the appointment of Mr. Ayush Sharma as CFO based on recommendations of:

  • Nomination and Remuneration Committee
  • Audit Committee

3. Strategic or Business Context

No specific business outlook, risks, trends, or strategic context disclosed in this filing.

4. Any Other Material Information

Regulatory Compliance:

  • Filing made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Compliance with SEBI Circular ref no.: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • Compliance with clause 7C of Part A of Schedule III of SEBI LODR Regulations
  • Required annexures included: Annexure A (appointment details) and Annexure B (resignation details)

Company Address: Sunil Patodia Tower, Plot no: 156-158, J.B. Nagar, Andheri (East), Mumbai: 400099