NECCLTD Reappoints Sunil Jain and Utkarsh Jain

1. Re-appointment of Mr. Sunil Kumar Jain as Chairman and Managing Director

The Board of Directors, after considering the recommendation of the Nomination and Remuneration Committee, has approved the re-appointment of Mr. Sunil Kumar Jain as Chairman and Managing Director of the Company for a further term of five consecutive years. The term will commence on October 01, 2026 and conclude on September 30, 2031. The re-appointment will be on the existing/revised terms and conditions, including remuneration, as recommended by the Nomination and Remuneration Committee. This reappointment is subject to the approval of the Shareholders at the ensuing Annual General Meeting (AGM).

2. Re-appointment of Mr. Utkarsh Jain as Whole Time Director

The Board of Directors, after considering the recommendation of the Nomination and Remuneration Committee, has approved the re-appointment of Mr. Utkarsh Jain as Whole-time Director of the Company for a further term of five consecutive years. The term will commence on October 01, 2026 and conclude on September 30, 2031. The re-appointment will be on the existing/revised terms and conditions, including remuneration, as recommended by the Nomination and Remuneration Committee. This reappointment is subject to the approval of the Shareholders at the ensuing Annual General Meeting (AGM).