Nature of change: Appointment of Mr. Sunil Kumar Sharma (DIN: 05305281) as an Additional Director (Executive) as well as Managing Director of the Company.
Effective date: The appointment is effective from August 05, 2026.
Tenure: The appointment is for a period of 5 years, subject to approval by shareholders at the forthcoming General Meeting. The terms specify the appointment lasts until "the last date when upcoming Annual General Meeting should be held" if shareholder approval is not obtained.
Profile and qualifications: Mr. Sunil Kumar Sharma possesses 25 years of experience. His areas of expertise are supply chain coordination, warehouse management, inventory control, transportation, dispatch, and operational management.
Eligibility and compliance: The disclosure confirms that Mr. Sunil Kumar Sharma is not debarred from holding office as a Director by virtue of any SEBI order or any other such authority. The appointment was approved by the Board of Directors based on the recommendation of the Nomination & Remuneration Committee in its meeting held on Wednesday, August 05, 2026.
Relationship disclosure: The annexure states "N.A." (Not Applicable) regarding the disclosure of relationship between directors, indicating no disclosed familial or business relationships with other directors or promoters.
