Change in Director / Key Managerial Personnel

Nature of change: Appointment of Chief Financial Officer

Name and DIN of the individual: Mr. Krishnakumar K (DIN not provided in disclosure)

Effective date and tenure: Appointed for a period of three years from the date of his taking charge. The exact date of taking charge will be informed in due course. This appointment is in place of Ms. Kavitha T.A.

Brief profile and relevant qualifications: Mr. Krishnakumar K is a Fellow Member of the Institute of Chartered Accountants of India with 30 years of experience in Federal Bank Ltd. His experience includes 22 years in financial reporting and taxation, where he was the head for 12 years. He retired as an Executive Vice President of Federal Bank Ltd. Subsequently, he served as the Chief Financial Officer of ESAF Financial Holdings Pvt Ltd. He has wide and varied experience in different areas of banking including overall supervision and control of financial reporting and taxation, overall supervision of compliance functions, handling of capital raising activities, and handling of credit related activities.

Confirmation of eligibility: The disclosure references compliance with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, indicating regulatory eligibility confirmation.

Relationship with other directors: Not Applicable (as specified in the disclosure)

Previous KMP: Ms. Kavitha T.A. previously held the position of Chief Financial Officer. Her tenure ended with this appointment of Mr. Krishnakumar K.

Key Financial or Operational Approvals

Decisions taken at the board level: The Board at its meeting held on June 15, 2026, approved the appointment of Mr. Krishnakumar K as Chief Financial Officer. The meeting commenced at 11:00 AM and concluded at 5:40 PM.

Strategic or Business Context

No specific business outlook, risks, trends, or strategic context was disclosed in relation to this appointment.

Any Other Material Information

Regulatory compliance: The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Required disclosures as per SEBI Master Circular are enclosed as Annexure-A.