Remsons Industries CEO Resignation and New Appointment

The Board of Directors accepted the resignation of Mr. Amit Srivastava from the position of Chief Executive Officer.

Resignation Date: Tendered via letter dated 18th June, 2026
Effective Date: Close of business hours on 4th September, 2026
DIN: 10539201
Notice Period: 90 days commencing from 18th June, 2026 as per employment terms
Transition: Mr. Srivastava confirmed willingness to resign from directorship if requested and assist with orderly transition

The Board placed on record its appreciation for his valuable contribution and services rendered during his tenure.

Based on the recommendation of the Nomination and Remuneration Committee, the Board appointed Mr. Rahul Desai as Chief Executive Officer.

Appointment Date: Effective from 3rd August, 2026
Profile: Mr. Rahul Prabhakar Desai is a seasoned professional with over 30 years of experience in automotive manufacturing sector, including more than 17 years in senior leadership roles including CEO
Expertise: Plant operations excellence, strategic planning and execution, business development, P&L ownership, and people leadership
Previous Roles:
Executive Director & Chief Executive Officer at Pinnacle Industries Limited
Chief Executive Officer at CIE India for nearly a decade
Senior operational leadership positions at GKN Sinter Metals Limited and Inteva Products India
Achievements: Successfully led greenfield projects, lean manufacturing and Six Sigma deployment, cost optimization programmes, and ESG initiatives
Education: Bachelor's degree in mechanical engineering, certified Six Sigma Black Belt
Executive Training: Completed programs at Indian Institute of Management, Ahmedabad, United States, and advanced production-management training in Japan
Relationships: No disclosed relationships between directors (Not Applicable)

Financial impact not quantified in the disclosure.