Change in Director / Key Managerial Personnel

Nature of change: Appointment of Senior Management Personnel

Name and DIN of the individual: Mr. Pradeep Kumar Yadav (DIN not provided in document)

Effective date and tenure: Effective from September 24, 2026. Term: Not Applicable (permanent position).

Brief profile and relevant qualifications or experience: Mr. Pradeep Kumar Yadav has over 20 years of experience in the pharmaceutical industry. He has strong expertise in Quality Management Systems (QMS), audit compliance, validation and qualifications. He also brings deep knowledge of IPQA and vendor management. He has been directly involved in customer audits and international regulatory inspections by USFDA, MHRA, TGA, ENVISA, WHO Geneva and SAPHRA.

Confirmation of eligibility under SEBI/BSE/NSE norms: The appointment is intimated under Regulation 30 read with Schedule III of the SEBI LODR Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024, confirming regulatory compliance.

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

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

Potential financial impact: The appointment strengthens the company's quality assurance capabilities with extensive regulatory compliance experience, which may enhance manufacturing quality and regulatory standing.

Key Financial or Operational Approvals

No key financial or operational approvals were mentioned in this disclosure. The document solely concerns the appointment of senior management personnel.

Strategic or Business Context

No strategic or business context, commentary on business outlook, risks, trends, or macro/micro developments was provided in this disclosure.

Any Other Material Information

The appointment letter outlines detailed terms and conditions including:

  • Placement & Compensation: Effective from date of joining (September 24, 2026), with compensation as per enclosed Compensation Structure (not provided in document)
  • Posting: Based at Manufacturing Facility, Khatraj (Plot No. 10,12,13, Trimul Estate, After Vadsar Village, Near Khatraj Chokadi, P.O. Khatraj - 382 721, Ta: Kalol, Dist: Gandhinagar)
  • Probation Period: 6 months from date of joining, extendable at management's discretion
  • Bond Requirement: Requires signing a 2-year bond with a cheque equal to 2 months CTC as security
  • Retirement Age: 58 years
  • Jurisdiction: All disputes subject to jurisdiction of Kalol Court

The disclosure was signed by Trusha Shah, Company Secretary & Compliance Officer, and digitally verified.