Change in Director / Key Managerial Personnel

Nature of changes: The Annual General Meeting held on September 28, 2026 resulted in multiple director changes including retirements, new appointments, and one re-appointment.

Retirements:

  • Mr. Maruti Deore (DIN: 02780312), Non-Executive Non-Independent Director, liable to retire by rotation, did not seek re-election as a Director of the Company. The company is not appointing any other person to fill this casual vacancy.
  • Mr. Jinesh Shah (DIN: 08847375), Independent Director, retired on completion of his five-year tenure at the ensuing Annual General Meeting.

New Appointments:

  • Mr. Sandip Anandrao Sutar (DIN: 08081182) appointed as an Independent Director
  • Mr. Anil Rajmal Bhandari (DIN: 11917123) appointed as an Independent Director

Re-appointment:

  • Mr. Prakash Vaghela (DIN: 07768595) re-appointed as Non-Executive Independent Director of the Company

Effective Dates and Tenure:

All new appointments and re-appointments are effective from September 28, 2026 for a term of 5 years.

Brief Profiles:

  • Mr. Anil Rajmal Bhandari: A professionally qualified business leader with over three decades of management, global operations, commercial import and supply chain management expertise. Previously served as Vice President at Creative Prints N Media in Delhi, where he directed functional operations and scaled high-volume import distribution networks. Has deep strategic grasp of international trade, end-to-end logistics, and organizational growth.
  • Mr. Prakash Vaghela: Has expertise in Corporate & Statutory Audit and Assurance practices, including corporate law, Direct & Indirect Tax Compliances. Has worked with various organizations in various industries and has hands-on experience in Financial Management and corporate advisory services.

Confirmation of Eligibility:

The company affirms that all aforementioned Directors are not debarred from holding the office of Director by virtue of any SEBI order or any other authority, in compliance with BSE Circular No. LIST/COMP/14/2018-19 dated June 20, 2018 and NSE Circular No. NSE/CML/2018/02 dated June 20, 2018.

Relationship between Directors:

No relationships between directors were disclosed (marked as NA in all cases).

Compliance Information

The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 05:30 p.m. and concluded at 06:17 p.m. The company has provided the required details as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 and other relevant SEBI circulars.