Nature of change: Cessation of office for two Independent Directors upon completion of their first term. They expressed an inability to continue for a second term.
Individuals:
Mr. Kaushik Dutta (DIN: 03328890)
Ms. Lilian Jessie Paul (DIN: 02864506)
Effective Date: The cessation was effective from the close of business hours on June 18, 2026.
Committee Changes: Consequent to the cessation:
Mr. Kaushik Dutta ceased to be the Chairperson of the Audit Committee and a Member of the M&A and Investment Committee.
Ms. Lilian Jessie Paul ceased to be a Member of the Stakeholders' Relationship Committee and the Corporate Social Responsibility Committee.
Reason for Non-Reappointment: Owing to their current professional preoccupations and other personal commitments.
Appreciation: The Board of Directors and the Management placed on record their sincere appreciation for the valuable contributions, guidance, and services rendered by both directors.
Compliance and Filing Details
Regulation: This intimation is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Scrip Symbol / Code: POLICYBZR / 543390
Date of Disclosure: June 18, 2026
Annexures: The disclosure includes Annexure-A and Annexure-B, providing the particulars required under SEBI Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The annexures confirm the reason for change as completion of the first term and a decision not to seek reappointment.
