Resignation Details

Mr. Mohammad Tinku (DIN: 09839960) has tendered his resignation as Independent Director of the Company with effect from the close of business hours on July 16, 2026. The resignation was submitted via letter dated July 14, 2026.

Reason for Resignation

The stated reason for resignation is "pre-occupation and other personal commitments." The Company has received confirmation from Mr. Tinku that there are no material reasons for his resignation other than those mentioned in his resignation letter.

Committee Memberships Ceased

Consequent to his resignation, Mr. Tinku ceases to be a member of the following committees:

  • Audit Committee
  • Nomination and Remuneration Committee
  • Stakeholders Relationship Committee
  • Risk Management Committee
  • Corporate Social Responsibility Committee

Committee Reconstitution

The Board of Directors reconstituted all five committees through a resolution passed by circulation on July 15, 2026, with effect from the same date. Mr. Surojit Ghosh, Non-Executive Director, was appointed to all committees in place of Mr. Tinku.

Reconstituted Committee Compositions

Audit Committee:

  • Mrs. Varsha Kedia (Chairperson) - Non-Executive Independent Director
  • Mr. Rohit Shaw (Member) - Non-Executive Independent Director
  • Mr. Surojit Ghosh (Member) - Non-Executive Director

Nomination and Remuneration Committee:

  • Mr. Rohit Shaw (Chairman) - Non-Executive Independent Director
  • Mrs. Varsha Kedia (Member) - Non-Executive Independent Director
  • Mr. Surojit Ghosh (Member) - Non-Executive Director

Stakeholders Relationship Committee:

  • Mrs. Varsha Kedia (Chairperson) - Non-Executive Independent Director
  • Mr. Rohit Shaw (Member) - Non-Executive Independent Director
  • Mr. Surojit Ghosh (Member) - Non-Executive Director

Risk Management Committee:

  • Mrs. Varsha Kedia (Chairperson) - Non-Executive Independent Director
  • Mr. Rohit Shaw (Member) - Non-Executive Independent Director
  • Mr. Surojit Ghosh (Member) - Non-Executive Director

Corporate Social Responsibility Committee:

  • Mrs. Varsha Kedia (Chairperson) - Non-Executive Independent Director
  • Mr. Rohit Shaw (Member) - Non-Executive Independent Director
  • Mr. Surojit Ghosh (Member) - Non-Executive Director

Additional Information

The document also contains an unrelated transformer repair offer sheet from WBSETCL to Marsons Limited dated February 16, 2023, for repair of a 630 kVA, 33/0.415 kV Station Service Transformer (Year of Manufacture: 2008, Serial No: 82078) with quoted prices totaling INR 97,500 for various repair activities. This appears to be erroneously included with the governance disclosure.

Confirmation of No Association

Mr. Tinku confirmed that upon his resignation becoming effective, he shall cease to have any association with the company in any capacity whatsoever.