Key Appointment Details

  • Mr. Nakul Pasricha (DIN: 03176843) appointed as Additional (Non-Executive Independent) Director
  • Appointment effective from July 10, 2026
  • Term: 5 consecutive years
  • Not liable to retire by rotation
  • Appointment made via circular resolution passed on July 10, 2026
  • Based on recommendations of Nomination and Remuneration Committee

Conditions of Appointment

Subject to obtaining approval of members in ensuing General Meeting or within three months from date of appointment (July 10, 2026), whichever is earlier, as per Regulation 17(1C) of SEBI LODR Regulations.

Director Background and Qualifications

Mr. Nakul Pasricha has over 27 years' experience spanning multiple geographies, industries and company sizes:

Current Roles:

  • MD & CEO of PharmaSecure - technology enabled anti-counterfeiting solutions provider to pharmaceutical and other industries in India, Africa and beyond
  • Co-Promoter and Director of Flexing It - India and Asia's largest platform for independent consultants and professional freelance talent
  • Vice President of Authentication Solution Providers' Association (ASPA)
  • Member of National Intellectual Property Rights Committee of CII

Professional Achievements:

  • Granted patent as co-inventor of technology engine driving PharmaSecure's authentication solution
  • Led publication of seminal report "A State of Counterfeiting in India"
  • Overseen launch and growth of "Traceability and Authentication Forum" conference series
  • PharmaSecure has served over 100 companies with more than 10 billion packs protected
  • Flexing It connects 2000+ organizations with 100,000+ vetted consultants

Previous Experience:

  • Chief Information Officer of General Electric's consumer finance division (oversaw team of 120 people)
  • Technology leadership roles at Citibank (U.S.A.) overseeing global technology implementations

Education:

  • B.A. in Mathematics and Computer Science from Gettysburg College
  • M.S. in Computer Science from University of Maryland at College Park

Board Positions:

  • PharmaSecure Inc. (USA)
  • PharmaSecure PAS India Pvt. Ltd.
  • Flexing It Services Pte Ltd. (Singapore)
  • Flexing It Services Pvt. Ltd.

Relationships

Mr. Nakul Pasricha is not related to any Director of the Company.

Filing Details

  • Filed with BSE Limited and National Stock Exchange of India Limited
  • Signed by Nitesh Kumar Jha, Company Secretary
  • Includes disclosure pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026