Summary of Key Information:
Reporting Period (Quarter/Year): Not Specified
Nature of Filing / Announcement: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding board composition changes
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
Not Specified
Director Appointments/Reappointments:
- Mr. Karthik Bhat Khandige (DIN: 06730563) re-appointed as Independent Non-Executive Director for a second term of five consecutive years
- Term period: 30 July 2026 to 29 July 2031 (both days inclusive)
- Reappointment subject to approval of Shareholders by way of Special Resolution
- Mr. Karthik Bhat Khandige is not related to any Director of the Company
- Not debarred from holding office of Director by virtue of any order of SEBI or any other authority
Director Cessation:
- Ms. Ruvina Singh (DIN: 10352020) ceased as Independent Non-Executive Director upon completion of tenure
- Effective from 30 July 2026 (tenure concluded at close of business hours on 29 July 2026)
- Cessation solely due to completion of tenure, not due to resignation, removal, disqualification or any other reason
- Ceased as Chairperson of Nomination and Remuneration Committee
- Ceased as Member of Stakeholders' Relationship Committee
- Ceased as Member of Corporate Social Responsibility Committee
Board Committee Reconstitution:
Effective from 30 July 2026:
Nomination and Remuneration Committee:
- Ms. Divya Verma (DIN: 03149607) - Chairperson (Independent Non-Executive Director)
- Ms. Jayantika Dave - Member (Non-Executive Director)
- Mr. Karthik Bhat Khandige (DIN: 06730563) - Member (Independent Non-Executive Director)
Stakeholders' Relationship Committee:
- Mr. Suhas Khullar - Chairperson (Independent Non-Executive Director)
- Mr. Atul Vohra (DIN: 11734775) - Member (Non-Executive Director)
- Mr. Rahul Arora - Member (Executive Director)
Corporate Social Responsibility Committee:
- Mr. Rahul Arora - Chairperson (Executive Director)
- Ms. Divya Verma (DIN: 03149607) - Member (Independent Non-Executive Director)
- Ms. Jayantika Dave - Member (Non-Executive Director)
Other Significant Information:
Director Profile - Mr. Karthik Bhat Khandige:
- Founder and Managing Partner of Force Ventures (venture firm specializing in early-stage investments)
- Over 20 years of experience in leadership roles as investor and business operator
- Previous experience: SB Billimoria (now Deloitte India), Goldman Sachs Equity Research (2001-2009)
- MBA from Indian School of Business (ISB) 2010-2011
- Previously held leadership positions at Zephyr Peacock India Fund and Dailyhunt
- Founded and led Ubiquity Capital (focusing on early-stage venture debt)
- Ranked among India's most prolific angel investors by Moneycontrol and Inc42 in 2022 and 2023
- Cleared CFA level 3 exams from CFA Institute (USA)
- Chartered Accountant from The Institute of Chartered Accountants of India
- During tenure as Independent Director, demonstrated sound judgment and valuable contributions to Board deliberations, corporate governance, and strategic decision-making