The Board of Directors, at a meeting held on September 02, 2026, approved the appointment of Mr. Rajesh Khuteta, the Managing Director of the company, as its 'Chairman'. This appointment is effective from September 02, 2026. Consequently, Mr. Khuteta has been re-designated as 'Managing Director and Chairman' of the company from the same date.
The meeting commenced at 10:00 A.M. and concluded at 11:30 A.M.
Details from Annexure A
Reason for Change: Appointment as Chairman of the Company, leading to re-designation as 'Managing Director and Chairman'.
Date of Re-designation: 02-09-2026.
Brief Profile of Mr. Rajesh Khuteta: He has been associated with the company since its incorporation in 1990. He holds a Bachelor's degree in Science from the University of Rajasthan. He has over 28 years of experience and has played a significant role in the finance sector, particularly in securities and capital markets.
Disclosure of Relationships (in case of appointment of a director): Mr. Rajesh Khuteta is the father of Ms. Mahima Khuteta (Executive Director) and Mr. Yash Khuteta (Non-Executive Director) of the company.
Financial Impact: Not quantified in the disclosure.