Key Appointments and Changes

1. Appointment of Mr. Christopher Nagle as Additional Non-Executive Director

  • Mr. Christopher Flood Nagle (DIN: 11838159) appointed as Additional Director under category of Non-Executive Non-Independent Director
  • Effective from August 3, 2026
  • Term: Until the date of the ensuing 15th Annual General Meeting
  • Subsequently appointed as Chairperson of the Company effective from August 4, 2026
  • Not related to any existing Director of the Company
  • Not debarred from holding director office by SEBI or any other authority

2. Change in Chairperson

  • Dr. Vikash Agarwal ceased as Chairperson effective from closure of business hours on August 3, 2026
  • Will continue to serve as Managing Director of the Company
  • Reason: To devote greater attention to executive responsibilities and strategic management

3. Re-appointment of Independent Directors

Mr. Anuj Saraswat (DIN: 08697386)

  • Re-appointed as Independent Director for second term of three consecutive years
  • Term: February 14, 2027 to February 13, 2030 (both days inclusive)
  • Not liable to retire by rotation
  • Subject to shareholder approval at 15th AGM

Ms. Payal Bafna (DIN: 09075302)

  • Re-appointed as Independent Director for second term of three consecutive years
  • Term: March 21, 2027 to March 20, 2030 (both days inclusive)
  • Not liable to retire by rotation
  • Subject to shareholder approval at 15th AGM

4. Cessation of Director

  • Ms. Pinky Agarwal (DIN: 03043682) resigned as Non-Executive, Non-Independent Director
  • Effective from closing business hours of August 3, 2026
  • Reason: Other professional commitments
  • Confirmed no material reasons other than those mentioned in resignation letter
  • Consequently ceased as member of Nomination & Remuneration Committee and Risk Management Committee

Committee Reconstitution

Nomination & Remuneration Committee

Previous Composition:

  • Mr. Rakesh Kumar Agrawal (Chairman) - Non-Executive Independent Director
  • Ms. Pinky Agarwal (Member) - Non-Executive Non-Independent Director
  • Mr. Anuj Saraswat (Member) - Non-Executive Independent Director

Reconstituted Composition (effective August 3, 2026):

  • Mr. Rakesh Kumar Agrawal (Chairman) - Non-Executive Independent Director
  • Mr. Christopher Flood Nagle (Member) - Non-Executive Non-Independent Director
  • Mr. Anuj Saraswat (Member) - Non-Executive Independent Director

Risk Management Committee

Previous Composition:

  • Ms. Pinky Agarwal (Chairman) - Non-Executive Non-Independent Director
  • Mr. Vikash Agarwal (Member) - Executive Director
  • Mr. Anuj Saraswat (Member) - Non-Executive Independent Director

Reconstituted Composition (effective August 3, 2026):

  • Mr. Manish Agarwal (Chairman) - Executive Director
  • Mr. Vikash Agarwal (Member) - Executive Director
  • Mr. Anuj Saraswat (Member) - Non-Executive Independent Director

Additional Information

  • All appointments subject to shareholder approval at 15th AGM to be held on September 11, 2026
  • Information available on company website: www.Crizac.com
  • Filed by Kashish Arora, Company Secretary & Compliance Officer (Membership no: A38644)