Re-appointment of Mr. Rajiv Mehrishi as Non-Executive Independent Director
Nature of change: Re-appointment for second term
Name and DIN: Mr. Rajiv Mehrishi (DIN: 00208189)
Effective date and tenure: September 01, 2026 to August 31, 2031 (5 consecutive years)
Profile and qualifications: Joined IAS in Rajasthan Cadre in 1978. Served as Joint Secretary in Department of Company Affairs involved in enactment of Competition Act and rewriting Companies Act, 1956. Served as Principal Secretary Finance and Chief Secretary in Rajasthan. Served as Union Finance Secretary involved in reforms setting up Monetary Policy Committee (MPC) and enactment of Indian Bankruptcy Code (IBC). Served as Union Home Secretary in Central Government. Served as 13th Comptroller and Auditor General of India (C&AG) auditing transactions across State and Central Government Departments and Ministries. Served as Government Nominee Director in various companies. Has 47 years of experience.
Eligibility confirmation: Not debarred from holding office of director by virtue of any SEBI or other Authority order.
Relationship with other directors: Not related to any other Directors of the Company.
Modification of Tenure for Mr. Mukesh Hari Butani as Non-Executive Independent Director
Nature of change: Modification of existing tenure of second term appointment
Name and DIN: Mr. Mukesh Hari Butani (DIN: 01452839)
Effective date and tenure: Modified from original tenure of January 01, 2026 to December 31, 2030 (5 years) to new tenure of January 01, 2026 to December 31, 2026 (1 year)
Reason for change: Request received from Mr. Butani owing to his other professional priorities and engagements and his intention of rationalizing and reducing his overall Board commitments
Terms: All other terms and conditions of re-appointment remain the same
Eligibility confirmation: Not debarred from holding office of director by virtue of any SEBI or other Authority order
Relationship with other directors: Not related to any other Directors of the Company
Re-appointment of Mr. Saket Burman as Non-Executive Director
Nature of change: Re-appointment as Director liable to retire by rotation
Name and DIN: Mr. Saket Burman (DIN: 05208674)
Profile: Vice Chairman of Dabur India Limited and fifth-generation member of Burman family. Entrepreneur, investor, and strategic advisor with interests across technology, business innovation, and environmental sustainability. Bachelor of Business Administration in Marketing and Finance from University of Wisconsin-Madison. Founded and scaled multiple ventures in Middle East across information technology, real estate, and general trading. Currently advisor to several entrepreneurial ventures. Co-Founder and Chairperson of Zero Prize initiative launched in February 2026 with prize corpus of ₹5 crore scaling to ₹10 crore, focused on reducing air, water, and land pollution in India.
Board positions: Serves on boards of Dabur International Limited, Dabur Egypt Limited, Chowdry Associates, and other entities within Dabur's global network
Eligibility confirmation: Not debarred from holding office of director by virtue of any SEBI or other Authority order
Relationship with other directors: Not related to any other Directors of the Company in terms of Section 2(77) of Companies Act, 2013
Governance Context
All appointments were approved by shareholders at the 51st Annual General Meeting held on Thursday, August 06, 2026 at 03:00 P.M. via Video Conferencing/Other Audio Visual Means
Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on January 30, 2026
Company Secretary: Ashok Kumar Jain, Group Company Secretary and Chief Compliance Officer
