Nature of change: Re-appointment as Executive Director
Name and DIN: Shri Ram Babu Verma (DIN: 08760599)
Effective date: 27th December 2026
Term: 12 months (from 27th December 2026 to 26th December 2027)
Brief profile: Aged 63 years, holds Bachelor's Degree in Science, Master's in Economics, and MSW (HR & IR). Has over 37 years of executive experience.
Eligibility confirmation: Not debarred from holding office of Director by virtue of any SEBI Order or any other such authority.
Relationship with other directors: No relation disclosed
Previous tenure: Was re-appointed as Executive Director on 24th September, 2025 for a term of one year expiring on 26th December, 2026.
Change in Compensation for Shri Mayank Goenka
Name and DIN: Shri Mayank Goenka (DIN: 08604786)
Designation: Executive Director
Effective date: 09th May 2026
Nature of change: Revision/change in perquisites and other amenities
Revised compensation details:
House Rent Allowance: 40% of basic salary per month
Conveyance: Free chauffeur-driven conveyance for official purposes and travel between residence and factory/office
Medical Expenses: Reimbursement of actual medical expenses for self, family and parents, subject to applicable limits, including additional expenses for serious illness/specialised treatment
Leave Travel Assistance: Reimbursement of actual travel fare for self, spouse and unmarried children once in two years, subject to maximum of one month's consolidated salary
Leave, Gratuity & Telephone: Leave and leave encashment as per Company rules, gratuity as per applicable law, and telephone/mobile expenses for official purposes
Other Benefits: Such other benefits and perquisites as applicable to senior executives or as approved by Board/Nomination and Remuneration Committee
Brief profile: Aged 28 years, technocrat holding professional degree in Engineering from University of Glasgow. Completed Diploma Programme in International Baccalaureate, certifications in SolidWorks, C and Embedded Programming from University of Glasgow, and foundational training in Robotics and Autonomous Robotics. Member of Institute of Engineers (India) with over five years of experience in project management and execution.
Relationship with promoters: Son of Shri Amitaabh Goenka, Managing Director and CEO of the company
Eligibility confirmation: Not debarred from holding office of Director by virtue of any SEBI Order or any other such authority
AGM Details
Meeting date: 24th September 2026
Meeting time: 12:15 PM to 12:39 PM (24 minutes duration)
Approval authority: Members at AGM
Regulatory compliance: Filed under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
