Key Appointments

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, approved the following appointments by circulation:

1. Mr. Vimal Bhatnagar (DIN: 11089200) as Additional Non-Executive Independent Director for a term of 1 year with effect from June 11, 2026

2. Ms. Prerna Singh (DIN: 10153909) as Additional Non-Executive Independent Director for a term of 1 year with effect from June 11, 2026

3. Mr. Babu Ram Somani (DIN: 09517274) as Additional Non-Executive Independent Director for a term of 1 year with effect from June 11, 2026

Approval Requirements

All appointments are subject to approval by shareholders in the ensuing Annual General Meeting.

Director Background Details

Mr. Vimal Bhatnagar: Holds Master of Commerce from Himachal University, CFA from ICFAI, Diploma in Business Finance, and Honours Diploma in Network-Centered Computing from NIIT. Started professional journey in 1994 as self-employed faculty, delivering lectures on financial statement preparation, budgeting, and taxation. Also serves as Independent Director at Vegorama Punjabi Angithi Limited (BSE-listed entity).

Ms. Prerna Singh: Practicing company secretary with over 9 years of experience in corporate governance, compliance, and statutory board advisory. Holds Bachelor of Commerce (B.Com) from Delhi University. In independent practice since April 17, 2017, providing secretarial services across sectors. Currently appointed as Independent Director at AK Infradream Limited.

Mr. Babu Ram Somani: Qualified Chartered Accountant who started professional journey as a Chartered Accountant, advising industries in manufacturing, FMCG sector, and import-export houses. Has experience handling matters pertaining to direct and indirect taxation, project finance, data analysis, planning, and compliance.

Compliance Verification

All three directors confirmed:

  • Not related to any existing director on the Board
  • Not debarred from accessing capital markets
  • Not restrained from holding director position in any listed company by virtue of any SEBI or exchange order