Datiware Maritime Chairman Ashok Patil Demises on May 24

Key Event

Demise of Mr. Ashok Bhalchandra Patil, Chairman and Director of the Company, on May 24, 2026.

Effective Date of Cessation

Mr. Ashok Bhalchandra Patil ceased to be the Chairman and Director of the Company with effect from May 24, 2026 (the date of his demise).

Annexure A Details (Required by SEBI Circular)

1. Reason for change: Death of Mr. Ashok Bhalchandra Patil, Chairman and Director of the Company

2. Date of cessation: May 24, 2026

3. Brief profile: Not Applicable

4. Disclosure of relationships between directors: Not Applicable

Management Commentary

The company states that Mr. Ashok Bhalchandra Patil had been associated with the Company for several years and played a pivotal role in its growth and development through his vision, leadership and guidance. His passing is described as an irreparable loss to the Company.

Financial Impact

No financial impact quantified in the disclosure.

Governance Impact

Change in board composition with the cessation of the Chairman and Director position.