Regulatory Approval and Effective Date

The company has received approval from the Reserve Bank of India (RBI) for the appointments, as communicated via their letter reference no. DEL.DOR.NBFCML.No.S981/24-05-011/2026-2027 dated November 03, 2026. The appointments are effective from the date of this approval, November 03, 2026. The company had previously announced these intended appointments on November 13, 2025, pending this RBI approval.

Details of Appointments

All four individuals have been appointed as Additional Directors, designated as Non-Executive and Non-Independent Directors. Their terms are for a period not exceeding five years from the date of their appointment (November 03, 2026). The company confirms that none of the appointees are debarred from holding the position of director in any listed company by SEBI or any other authority.

Director Profiles and Experience

| Name | DIN | Brief Profile & Experience |

| Dr. Anand Chand Burman | 00056216 | Chairman Emeritus of Dabur India Ltd. A trained pharmacist with over 40 patents. Has over 35 years of experience in the NBFC sector. Promoter and Director of Puran Associates Private Limited (NBFC) since October 1990 and Milky Investment and Trading Company (NBFC) since April 2006. |

| Mr. Aditya Chand Burman | 00042277 | A 6th generation member of the Burman family and Director on the board of Dabur India Ltd. A Chemistry Graduate from the University of Kansas. Has around 20 years of experience, with over 15 years in the NBFC sector through his association with various entities as a director, including Milky Investment and Trading Company (Sep 2018 - Jun 2025). |

| Mr. Mohit Burman | 00021963 | Chairman of Dabur India Limited. Instrumental in expanding the group's financial services business into Asset Management and Life Insurance by setting up AVIVA Life Insurance Company India Ltd. Has around 25 years of experience in the NBFC sector and has been associated with NBFC business activities since May 2001 as a Promoter and Director. |

| Mr. Jimeet Vipul Modi | 05285416 | Founder and Group CEO of SAMCO Group, which operates businesses across securities broking, wealth management, and asset management. A qualified Chartered Accountant (All India Rank 9) and a qualified Chartered Financial Analyst (CFA). Also responsible for the management and oversight of the Modi Family Office. |

Relationships Between Directors

The disclosure outlines the following familial relationships between the appointees:

  • Dr. Anand C. Burman is the father of Mr. Aditya Chand Burman.
  • Mr. Aditya Chand Burman is the son of Dr. Anand Chand Burman.
  • Mr. Mohit Burman is the nephew of Dr. Anand Chand Burman and cousin brother of Mr. Aditya Chand Burman.
  • There is no disclosed relationship for Mr. Jimeet Vipul Modi (NIL).

Compliance and Annexure

The details provided are as prescribed under SEBI LODR read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and are enclosed as Annexure - 1 to the filing.