Faze Three Appoints Mohit Solanki Independent Director

Nature of change: Appointment of Mr. Mohit Dinesh Solanki (DIN: 11878759) as an Independent Director
Effective date: August 17, 2026
Term: Five years from August 17, 2026 to August 16, 2031
Approval mechanism: Approved by members at the 41st Annual General Meeting held on September 04, 2026

Brief Profile and Qualifications:

Mr. Mohit Dinesh Solanki is a qualified Chartered Accountant
Educational qualifications: B.Com and M.Com graduate
Professional experience: Over 14 years of experience across banking, financial services, and gems and jewelry industry
Career background: Began career with Barclays Bank PLC, gaining exposure to banking operations, financial services, risk management, regulatory compliance, client relationship management, and corporate financial processes
Current position: Head of Manufacturing Operations at L Star (gems and jewelry industry), responsible for overseeing end-to-end operations, cross-functional coordination, and supporting strategic business initiatives within the manufacturing environment
Skills and capabilities: Strong analytical abilities, operational expertise, leadership capabilities, comprehensive perspective on financial and business matters
Expected contributions: Corporate governance, strategic decision-making, financial oversight, and long-term value creation for the Company

Relationships with Other Directors:

Regulatory Compliance:

Appointment made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Compliance with SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Mr. Solanki is not debarred from holding the office of Director by virtue of any order of SEBI or any other authority
Compliance with BSE Circular LIST/COMP/14/2018-19 and NSE Circular NSE/CML/2018/24 both dated June 20, 2018

Company Details: