Key Actions and Dates

The Board of Directors approved the following via Circular Resolution passed on June 26, 2026:

Cessation of Independent Director:

  • Mr. Girish Paman Vanvari (DIN: 07376482) ceases to be Independent Director upon completion of 5 years tenure
  • Effective: Closure of business hours on June 28, 2026

Appointment of Independent Director:

  • Mr. Ganesh Venkata Ramanan Kangeyam (DIN: 06563858) appointed as Independent Director
  • Term: First term of 5 years commencing June 29, 2026
  • Subject to: Shareholder approval
  • Based on: Recommendation of Nomination and Remuneration Committee

Committee Reconstitution

The Board approved reconstitution of the following committees effective June 29, 2026:

  • Audit Committee
  • Stakeholder Relationship Committee
  • Nomination and Remuneration Committee
  • Risk Management Committee

Director Background and Qualifications

Mr. Ganesh Venkata Ramanan Kangeyam possesses:

  • 38 years of experience in Corporate Finance, Strategy, Business Transformation, and Board Governance
  • Professional qualifications: Chartered Accountant (CA) and Company Secretary (CS)
  • Educational background: Bachelor of Commerce (Honours) from Shri Ram College of Commerce (SRCC), University of Delhi; Senior Management Programme from IIM Calcutta
  • Geographic experience: United States, Singapore, Middle East, and Philippines
  • Previous recognition: India's Best CFO by CFO India (2016, 2017, 2018) and by Chartered Institute of Management Accountants (2016)

Compliance Confirmations

  • Mr. Kangeyam is not related to any other Director of the Company
  • Mr. Kangeyam is not debarred from holding office of Director by virtue of any SEBI order or other authority
  • Confirmation received per BSE Circular LIST/COMP/14/2018-19 and NSE Circular NSE/CML/2018/24 dated June 20, 2018