Nature of the Event
This is a regulatory compliance disclosure regarding a change in the composition of the Company's Board of Directors.
Key Details of Cessation
- Directors Ceasing Office: Mr. Pravesh Sharma (DIN: 02252345) and Justice (Retd.) Vikramajit Sen (DIN: 00866743).
- Reason for Cessation: Completion of their second term as Independent Directors of the Company.
- Date of Cessation: Their tenure was completed on 8th August 2026. Consequently, they shall cease to be Independent Directors effective from 9th August 2026.
Consequential Changes
Consequent upon their cessation, Mr. Pravesh Sharma and Justice (Retd.) Vikramajit Sen shall also cease to be Member/Chairman of various Committees of the Board where they held such positions.
Board Appreciation
The Board placed on record its deep appreciation and sincere thanks to both directors for the valuable advice and guidance provided to the Company during their tenure.
Annexure A Details
Annexure A provides the following structured information as required by the SEBI Master Circular:
| S No. | Particulars | Mr. Pravesh Sharma | Justice (Retd.) Vikramajit Sen |
| 1 | Reason for change | Cessation on completion of their second term as Independent Directors. | Cessation on completion of their second term as Independent Directors. |
| 2 | Date of cessation & term | Cessation shall be effective from 9th August 2026. | Cessation shall be effective from 9th August 2026. |
| 3 | Brief profile (in case of appointment) | Not Applicable | Not Applicable |
| 4 | Disclosure of relationships between directors | Not Applicable | Not Applicable |