Summary of Key Information:
Nature of Filing / Announcement: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Key Personnel Changes:
Resignation:
- Dr. Shridhar Shukla (DIN: 00007607) resigned as Independent Director
- Effective from close of business hours on 29th October 2026
- Reason: Pre-occupation and other personal commitments
- Confirmed no material reasons other than those stated
- Ceased membership from all board committees: Audit Committee, Nomination & Remuneration Committee, Compensation & Share Allotment Committee, and Risk Management Committee
Appointment:
- Mr. Vijay Ratnaparkhe (DIN: 03211521) appointed as Independent Director
- Term: Five years from 29th October 2026 to 28th October 2031
- Appointment subject to shareholder approval by special resolution
- Not debarred from holding director office by SEBI or any authority
Professional Background of New Director:
- Most recently President of Bosch in Southeast Asia and OCEANIA and Managing Director of Bosch in Singapore (January 2023 - December 2025)
- Previously Chief Information Officer (CIO) and President of Global Information Systems and Services at Robert Bosch GmbH (September 2019 - 2023)
- Education: Master of Technology from IIT Bombay, Undergraduate degree in Chemical Engineering from Mumbai University (ICT)
Governance Disclosures:
- No relationships between directors disclosed
- No other directorships held by resigning director
- Compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024