Change in Director / Key Managerial Personnel

Nature of change: Appointment and elevation of key managerial personnel.

Mr. Mahesh Viswanathan:

  • Designation Change: Elevated from Dy. CEO & Chief Financial Officer (CFO) to Chief Executive Officer (CEO) of the Company.
  • Effective Date: The change is effective from 1st June 2026. He ceases to be Dy. CEO & CFO at the close of working hours on 31st May 2026.
  • Brief Profile: Mr. Viswanathan is a qualified Chartered Accountant with 43 years of post-qualification experience. He has been with Finolex Cables Limited for 18 years in various capacities, including Dy. CEO and CFO. His prior experience includes stints at Union Carbide India Ltd and Philips Electronics both in India and overseas, where he handled internal audit, treasury, controllership function, and mergers and acquisition. He is described as a proven business partner with ability to manage and engage with stakeholders in a multicultural environment.
  • Relationship with other directors: Not disclosed (NA).

Mr. Sachin Naik:

  • Designation Change: Appointed as Chief Financial Officer (CFO) of the Company.
  • Effective Date: The appointment is effective from 1st June 2026.
  • Brief Profile: Mr. Sachin Naik holds a B.com degree and is a CMA. He also has certifications in SAP and from ISB. He has 26 years of experience in finance. At the time of this disclosure, he was working as Chief Financial Officer and Head Legal & secretarial of Shalimar Paints Limited. His profile describes him as a Business Leader with 3 decades of experience in Business Strategy, Investor Relations, Fundraising, Cost Reduction, Corporate Governance, Controllership, and Automation & Digital Initiatives with manufacturing organizations. He has 10 years of experience spearheading the finance function. He has previously worked with Supreme Group, UPL Ltd, Shaw Wallace, Wyeth (Pfizer) and RCF Ltd.
  • Relationship with other directors: Not disclosed (NA).

Previous KMP: Mr. Mahesh Viswanathan was the previous CFO. His tenure in that role ended due to his elevation to CEO.

Governance Context: The changes were approved by the Board of Directors at its Meeting held on 28th May 2026, based on the recommendation of the Nomination & Remuneration Committee. The meeting commenced at 2:00 p.m. and concluded at 4:30 p.m.

Regulatory Compliance: The intimation is made pursuant to Regulation 30 and Regulation 30(4) (i) read with Clause 7 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The required information is provided in the annexed disclosures.