1. Relinquishment of CFO Role by Mr. Abdul Hameed Khan
Mr. Abdul Hameed Khan relinquished his position as Chief Financial Officer (CFO) effective from the close of business hours on October 15, 2026.
He will continue to serve as Whole-time Director of the Company.
The Board of Directors accepted his resignation from the CFO role at their meeting held on October 15, 2026.
2. Extension of Whole-time Director Term for Mr. Abdul Hameed Khan
The Board approved the extension of Mr. Khan's term as Whole-time Director up to June 30, 2028.
This extension is subject to requisite approval of shareholders, as applicable.
3. Appointment of New CFO - Mr. Deepak Dinkar Salunke
Mr. Deepak Dinkar Salunke appointed as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective October 15, 2026.
Term of appointment: Until June 30, 2029.
Profile: Holds Bachelor of Commerce degree from Pune University with approximately 36 years of experience with the Company. Expertise includes finance, accounts, commercial operations, procurement and logistics. Recognized for integrity, commitment and in-depth understanding of Company's business, with key role in managing critical operational and statutory matters.
4. Appointment of Additional Director - Mr. Anil Jain
Mr. Anil Jain appointed as Additional Director in the category of Non-Executive Director with immediate effect from October 15, 2026.
Appointment is subject to approval of shareholders.
Profile: Holds Bachelor's degree in Electrical Engineering from Malaviya National Institute of Technology, Jaipur, with over 44 years of experience in power sector. Previously held senior leadership positions at Power Grid Corporation of India Limited (POWERGRID), UP Power Transmission Corporation Limited (UPPTCL) and Delhi Electricity Regulatory Commission (DERC). Expertise includes power transmission and distribution, regulatory affairs, tariff determination, corporate planning, commercial operations and execution of large-scale infrastructure projects.
Disclosure: Mr. Jain is not related to any Directors or Key Managerial Personnel of the Company, and is not debarred from holding director office by any order of SEBI or other authority.
Additional Information
The disclosure is also available on the Company's website at: https://jyotistructures.in/announcement
The changes were approved at the Board Meeting held on October 15, 2026 (ref no. JSL/HO/CS/GEN/26-27/49 dated October 15, 2026)
