Key Resolutions Approved:

1. Change in designation of Mr. Adit Mittal (DIN: 10163322) from Non-Executive Director to Executive Director

2. Re-appointment of Mrs. Nikky Gupta (DIN: 03268791) as Independent Director of the Company

3. Revision in remuneration payable to Mr. Gaurav Mittal, Managing Director & CEO of the Company

4. Increase the limit for granting loans, providing guarantees or securities and making investments in securities under section 186 of the Companies Act, 2013

5. Approval to advance any loan/give guarantee/provide security under section 185 of the Companies Act, 2013

6. Increase the borrowing limits under section 180(1)(c) of the Companies Act, 2013

Detailed Director Changes:

Mr. Adit Mittal's Designation Change:

  • Change from Non-Executive Director to Executive Director effective from May 26, 2026 to May 25, 2031 (5-year term)
  • Qualifications: B.Tech in EEE (Electrical & Electronics) from BITS Pilani
  • Experience: Excellent understanding of Manpower and Staffing business and Capital Market
  • Other positions: Director of MahhaGuru NavGrah Private Limited and Trustee in Mahakal Maharaj Bikaner Sewa Mandir Trust
  • Awards: Karmaveer Chakra Award by International Confederation of Non-Governmental Organizations in partnership with the United Nations
  • Co-author of book "A Monk with a Merc" which won Golden Books Award 2025
  • Family relationships: Son of Mr. Gaurav Mittal (Managing Director & CEO), grandson of Mr. Chetan Prakash Mittal and Mrs. Prem Lata Mittal (Directors of the Company)
  • Not debarred from holding office of director by virtue of any SEBI order or any other authority

Mrs. Nikky Gupta's Re-appointment:

  • Re-appointed as Independent Director for 5-year term effective from August 06, 2026 to August 05, 2031
  • Age: 41 years with over 16 years of experience in journalism, mass communication and branding
  • Qualifications: Postgraduate diploma in mass communication and journalism from Jagran Institute of Management and Mass Communication, Noida, Uttar Pradesh
  • Expertise: Advocacy strategist and communication expert with experience in strategic communications, brand trust, strategic outreach, and crisis management
  • Campaign experience: #EmergencyCarein11Minutes (Medulance), Fighting Cough, Saving India's Image (Akums Drugs), Preserve the Uterus (Bayer & IHW Council), and #GetTestedForGlaucoma (Entod Pharma)
  • Pioneer of HealthFluencer concept connecting brands with trusted voices
  • Not related to any other Director of the Company
  • Not debarred from holding office of director by virtue of any SEBI order or any other authority

Financial Impact:

Financial impact of the director remuneration revisions and increased borrowing/investment limits not quantified in the disclosure.