Change in Director / Key Managerial Personnel

Nature of change: Retirement and promotion in treasury leadership.

Retirement Details:

  • Mr. Rajendra M. Patel, President (Treasury), retired from the services of the Company effective from closing of business hours on June 30, 2026.

Promotion Details:

  • Mr. Rishit Patel, previously Senior Manager (Treasury), was promoted as President (Treasury) of the Company effective from July 01, 2026.
  • This promotion was directly pursuant to the retirement of Mr. Rajendra M. Patel.
  • Mr. Rishit Patel possesses expertise in liquidity management, fund raising, and maintaining strategic banking relationships.

Regulatory Compliance:

  • The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • The company referenced SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026.
  • The disclosure was signed and submitted by Jasmin Jani, Company Secretary & Compliance Officer, on June 30, 2026.