Nature of change: Appointment of Mr. Akhil Awasthi (DIN: 00148350) as an Additional Director (Non-executive, Independent) of the Company.
Effective date and tenure: Appointment effective from September 26, 2026 for a term of five years, subject to approval of members.
Profile and qualifications: Mr. Akhil Awasthi is a seasoned investment professional with over three decades of experience in private equity, investment management, healthcare and lifesciences, business transformation and corporate governance. He has held senior positions including Founding Managing Partner and Investment Committee Member of Tata Capital Growth Fund and Partner at Baring Private Equity Partners (India) Ltd., with significant experience in investments, strategic value creation and board-level governance.
Eligibility confirmation: Mr. Akhil Awasthi is not debarred from holding the office of Director by virtue of any SEBI or any other such authority.
Relationship disclosure: Mr. Akhil Awasthi is not related to any Director of the Company.
Approval process: Appointment approved by the Board of Directors via Circular Resolution dated September 21, 2026, based on the recommendation of the Nomination and Remuneration Committee.
