Change in Director / Key Managerial Personnel

Nature of change: Appointment of Chief Financial Officer and Key Managerial Personnel

Name and DIN of the individual: Mr. Sainath Bhanage (DIN not disclosed in the filing)

Effective date and tenure: The appointment is effective from July 14, 2026. The term of appointment is not specified in the disclosure.

Brief profile and relevant qualifications or experience: Mr. Sainath Bhanage has over 12 years of experience in finance and accounts. His expertise includes financial strategy, accounting, treasury, taxation, audit, budgeting, compliance, business transfer arrangements (BTA), mergers & acquisitions (M&A), investor relations, and business transformation. He has worked across multiple industries including manufacturing, services, trading, infrastructure, real estate, automotive, and private limited companies. His previous positions include Assistant Manager – Finance, Financial Analyst, Senior Accounts Manager, Treasury Manager, and Tax & Audit Executive.

Confirmation of eligibility under SEBI/BSE/NSE norms: The appointment was made based on the recommendation of the Nomination and Remuneration Committee and Audit Committee, and approved by the Board of Directors, indicating compliance with regulatory norms.

Relationship with other directors: Not Applicable (as per Annexure A)

Previous KMP: The disclosure does not mention who held the CFO position earlier or what happened to their tenure.

Key Financial or Operational Approvals

This section does not apply to this disclosure as it solely concerns a management appointment.

Strategic or Business Context

This section does not apply to this disclosure as no strategic or business context was provided.

Any Other Material Information

The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III 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 filing was signed by Viraj G. Kalyani, Managing Director (DIN: 02268846).