Nature of change: Re-appointment of Mr. Jaysukh Bhanabhai Dabhi as an Independent Director for a second term.
Name and DIN: Mr. Jaysukh Bhanabhai Dabhi (DIN: 09177201).
Effective date and tenure: The re-appointment is effective from May 19, 2026, to May 18, 2031, for a period of five consecutive years. The director is not liable to retire by rotation.
Profile and qualifications: Mr. Dabhi is an Indian National holding a Master in Social Work (MSW) and works as a professor. He has 15 years of experience in the teaching profession.
Eligibility confirmation: The disclosure confirms that Mr. Dabhi is not debarred from holding the office of director by virtue of any SEBI Order or any other authority, specifically referencing SEBI Letter dated June 14, 2018, and Exchange Circular dated June 20, 2018.
Relationship with other directors: The annexure confirms he is not related to any other Director or Key Managerial Personnel of the company.
Previous term: His first appointment to the board was on May 19, 2021.
Remuneration: He will be entitled to sitting fees as decided by the Board from time to time or commission, if any, as approved by the Board.
Shareholding: He holds no shares (NIL) in the company, including as a beneficial owner, as of the date of appointment.
Other directorships: He holds no memberships or chairmanships of committees of other boards (NIL).
Resignations: He has not resigned from any listed entities in the past three years (NIL).
Regulatory and Compliance Context
The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The re-appointment was approved by the company's members through a postal ballot held on July 10, 2026.
The annexure (Annexure-I) is provided to meet the specific requirements of Clause 7 of Part A of Schedule III of the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
