1. Change in Director / Key Managerial Personnel

Nature of change: Multiple cessations and appointments in Senior Management Personnel (SMP).

  • Mr. Sibendu Roy: Ceased to hold the position of Chief Technology Officer (CTO) and consequently ceased to be designated as SMP, with effect from August 2, 2026. He continues to be associated with the Company as an employee. No DIN provided.
  • Mr. Rituparno Sarkar: Appointed as Chief Technology Officer (CTO) and designated as SMP, with effect from August 3, 2026. Brief profile: Over 19 years of experience in software engineering, product development, digital transformation, and technology leadership. Held senior leadership positions including Director and Principal-level roles in edtech, product-based, and services-based organizations. Holds a bachelor's degree in computer science (Information Technology) from Sikkim Manipal Institute of Engineering & Technology.
  • Ms. Salaria Zaheer: Ceased to hold the position of Chief Marketing Officer (CMO) and consequently ceased to be designated as SMP, with effect from August 2, 2026. She continues to be associated with the Company as an employee.
  • Mr. Nikhil Jain: Appointed as Chief Product and Marketing Officer and designated as SMP, with effect from August 3, 2026. Brief profile: Entrepreneur and product marketing leader with experience in international education, technology, and business strategy. Alumnus of IIT (BHU), Varanasi. Co-founded ventures including Loan Monk, Visa Monk, and My Dream University, and PHABIO (a bioplastics venture). Recognized through Stanford SEED Spark program and PIOneer Awards.
  • Mr. Dishant Kharbanda: Appointed as Chief Innovation Officer and designated as SMP, with effect from August 3, 2026. Brief profile: Education technology professional with over 20 years of experience in higher education mobility, educational technology, and learning. Founder of UniAgents, Co-founder of EduMentor, and Co-architect of the Socratic Fellowship, Oxford. Currently developing AI-driven initiatives in global mobility sector. Author of the book "Hacked by History: Seven Secrets for Dominating the Age of AI."
  • Ms. Anindita Das: Ceased to be recognized as SMP due to revision in the Company's internal reporting structure, with effect from close of business hours on August 2, 2026. She continues to hold the position of Chief Business Officer (CBO) and remains an employee.

Confirmation of eligibility: Not explicitly mentioned in the data.

Relationship with other directors: Not disclosed for any appointments.

Previous KMP:

  • Mr. Sibendu Roy was the previous CTO and SMP.
  • Ms. Salaria Zaheer was the previous CMO and SMP.
  • Ms. Anindita Das was previously SMP as CBO.

Potential financial impact: No direct financial impact disclosed; changes are organizational and personnel-related, with all ceased personnel continuing as employees, suggesting minimal disruption.

4. Any Other Material Information

  • The Board of Directors approved these changes at its Meeting held on August 3, 2026.
  • All ceased personnel (Mr. Sibendu Roy, Ms. Salaria Zaheer, and Ms. Anindita Das) continue their employment with the Company in different capacities.
  • The disclosure is made pursuant to Regulation 30 read with Schedule III of the SEBI LODR Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
  • The information will be available on the Company's website at www.Crizac.com.
  • Signed by Kashish Arora, Company Secretary & Compliance Officer, Membership no: A38644.