Management Changes

Resignation: Mr. Sahil Sharma resigned from the position of Chief Human Resources Officer (CHRO) and Senior Management Personnel (SMP) of the Company, effective close of business hours of August 24, 2026. He will continue to associate with the Company until October 8, 2026 for a smooth transition.

Appointment: Ms. Shobana Vinodh Kailash was appointed as Chief Human Resources Officer (CHRO) and Senior Management Personnel (SMP) of the Company effective August 25, 2026.

Approval Process

The Board of Directors approved these changes via circular resolution passed on August 24, 2026, based on the recommendation of the Nomination and Remuneration Committee.

New CHRO Profile

Ms. Shobana Kailash is an accomplished HR leader with over 25 years of experience in building and transforming people functions across global organizations. Her experience spans:

  • Work across diverse sectors including technology, SaaS, financial services and life sciences
  • Leadership positions at organizations including Hubilo, Freshworks, Amazon, Fidelity Investments and IQVIA
  • Expertise in HR strategy, organizational transformation, talent management, leadership development, rewards, M&A integration and digital HR
  • Executive MBA from IIM Calcutta
  • Extensive experience partnering with boards and senior leadership teams across international markets

Documentation

Annexure A contains a copy of Mr. Sahil Sharma's resignation email with detailed reasons. Annexure B provides the detailed disclosure format as required under SEBI regulations.

Financial Impact

No financial impact quantified in the disclosure.