The Board approved the appointment of three new directors:

1. Appointment of Mr. Shekhar Shantaram Kashalikar (DIN: 09688441)

  • Appointed as Additional Non-Executive Non-Independent Director effective November 13, 2026
  • Appointment based on recommendation of Nomination and Remuneration Committee
  • Subject to shareholder approval to be obtained within three months via postal ballot
  • Will be liable to retire by rotation
  • Mechanical Engineering graduate and Harvard Business School alumnus with over 30 years of experience in industrial energy equipment sector
  • Former CEO of Thermax Babcock & Wilcox Energy Solutions Ltd. and Director of Thermax Bioenergy Solutions Pvt. Ltd.
  • Not related to any existing Director, Key Managerial Personnel, or Promoters of the Company
  • Not debarred from holding director position by SEBI or any other authority

2. Appointment of Mr. Praveen Purushottam Kadle (DIN: 00016814)

  • Appointed as Additional Non-Executive Non-Independent Director effective November 13, 2026
  • Appointment based on recommendation of Nomination and Remuneration Committee
  • Subject to shareholder approval to be obtained within three months via postal ballot
  • Will be liable to retire by rotation
  • Founder & Chairman of Prachetas Capital Private Limited
  • Former Executive Director and CEO of Garware Wall-Ropes Limited (1985-1991)
  • Over 30 years with Tata Group including roles as CFO and Board Member of Tata Motors (1996-2008), Founder MD and CEO of Tata Capital (2008-2018), Chairman of Tata AutoComp System (2018-2023)
  • Honours Graduate in Commerce & Accountancy, qualified Chartered Accountant, Cost & Management Accountant, and Company Secretary
  • Not related to any existing Director, Key Managerial Personnel, or Promoters of the Company
  • Not debarred from holding director position by SEBI or any other authority

3. Appointment of Mr. Jan Lueder (DIN: 08643788)

  • Appointed as Additional Non-Executive Independent Director effective November 13, 2026
  • Appointment based on recommendation of Nomination and Remuneration Committee
  • Subject to shareholder approval to be obtained within three months
  • Term of up to 5 consecutive years from November 13, 2026, not liable to retire by rotation
  • Not related to Promoter or Promoter Group, fulfills independence criteria under Companies Act, 2013 and SEBI Regulations
  • Member of Corporate Board of Management of Voith Group and President & CEO of Voith Hydro since April 1, 2025
  • Former Division President Flow and Executive Committee member at Sulzer AG
  • Former CEO of Mining Technologies division and CEO Industrial Solutions Asia Pacific at Thyssenkrupp (2015-2022)
  • Worked for Siemens AG for almost 20 years (1995-2015) in Metals Technologies, Industrial Solutions and Power Generation divisions
  • Electrical engineering degree from Technical University of Berlin
  • Not debarred from holding director position by SEBI or any other authority

Committee Reconstitution

Consequent to the new appointments, the composition of board committees was revised effective November 14, 2026:

Nomination and Remuneration Committee:

  • Mr. Nandkumar Dhekne (Chairperson, Non-Executive Independent Director)
  • Mr. Francois-David Martino (Member, Non-Executive Non-Independent Director)
  • Ms. Anupama Vaidya (Member, Non-Executive Independent Director)
  • Mr. Jan Lueder (Member, Non-Executive Independent Director)

Stakeholders Relationship Committee:

  • Ms. Anupama Vaidya (Chairperson, Non-Executive Independent Director)
  • Ms. Anjali Gupte (Member, Non-Executive Independent Director)
  • Mr. Shekhar Kashalikar (Member, Non-Executive Non-Independent Director)

Corporate Social Responsibility Committee:

  • Ms. Anupama Vaidya (Chairperson, Non-Executive Independent Director)
  • Mr. Frederic Martin (Member, Non-Executive Non-Independent Director)
  • Mr. Shekhar Kashalikar (Member, Non-Executive Non-Independent Director)

Risk Management Committee:

  • Mr. Anand Sen (Chairperson, Non-Executive Independent Director)
  • Mr. Nandkumar Dhekne (Member, Non-Executive Independent Director)
  • Ms. Anjali Gupte (Member, Non-Executive Independent Director)
  • Mr. Jan Lueder (Member, Non-Executive Independent Director)
  • Mr. Frederic Martin (Member, Non-Executive Non-Independent Director)

Meeting Details

The Board meeting commenced at 11:17 AM and concluded at 06:45 PM on November 13, 2026.

The information will be available on the company website at www.johncockerillindia.com.