Nature of change: Appointment of Mr. Rajagopalan Madhavan (DIN: 08209860) as Non-Executive, Independent Director
Effective date and tenure: Appointment effective from March 25, 2026 for a term of 5 (five) consecutive years, not liable to retire by rotation
Brief profile: Mr. Rajagopalan Madhavan is a Mechanical Engineer graduate from NIT Raipur with a postgraduate M. Tech from IIT Madras. He was the chairman and Managing Director of Hindustan Aeronautics Limited.
Eligibility confirmation: Mr. Rajagopalan Madhavan is not debarred from holding the office of Directors by virtue of any SEBI order or order of any other such Authority
Relationship with other directors: Mr. Rajagopalan Madhavan is not related to any of the Directors of the Company
Appointment process: The appointment was made through Special Resolutions passed by Members of the Company on June 18, 2026, in accordance with Regulation 17(1C) of the SEBI Listing Regulations, based on the results of the Postal Ballot declared on June 19, 2026
Previous status: Mr. Madhavan was initially appointed as Additional Director in the capacity of Non-Executive, Independent Director by the Board in its Meeting held on March 25, 2026
