Nature of the Event

Key Details of the Appointment

  • Appointee: Mr. Sanjay Kumar Jain (DIN: 01014176)
  • Role: Non-Executive Chairperson
  • Term: Five years
  • Effective Date: Immediate effect (September 7, 2026)

Background and Qualifications of the Appointee

Mr. Sanjay Kumar Jain is approximately 57 years old. He is a graduate in Commerce from SRCC, Delhi University and a qualified Chartered Accountant (1990). He holds SEBI accreditations as a Registered Investment Advisor and a Registered Research Analyst. He possesses about 31 years of work experience in Investments, Funds Management, Strategy, M&A, Corporate Finance, and Investor Relations. For the last 15 years, he has worked as an independent consultant with Promoters/Senior Management of different companies. He co-founded an advisory business, M/s Taj Capital Partners Pvt Ltd., and has participated in events involving Global Investors, Government, and Policy makers.

Shareholding and Relationship with Other Directors

  • Shareholding as of June 30, 2026: Mr. Jain holds 650,000 fully paid equity shares, representing 1.22% of the total shares of the company.
  • Relationship: He is not related to any other director of the company.

Terms of Appointment and Remuneration

  • Term: The appointment is for a fixed period of five years.
  • Remuneration: No remuneration is payable to Mr. Jain for this role except for sitting fees, which will be paid as per the policy of the company.
  • Previous Remuneration: Not applicable (NA), as this is his first executive role of this nature on the board.

Board History

  • Date of First Appointment to the Board: Mr. Jain was first appointed as a director on November 14, 2024.