Key Decisions:

1. Fundraising Authorization:

The Board approved enabling authorization to raise funds through issuance of debt instruments including secured and/or unsecured redeemable non-convertible debentures/bonds (NCDs/Bonds) on a private placement basis. The aggregate amount approved is up to ₹25,000 Crores, to be raised in one or more tranches. This authorization is subject to shareholder approval at the ensuing Annual General Meeting and will be valid for one year from the date of such authorization.

2. Re-appointment of Independent Director:

Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the re-appointment of Mrs. Shefali Shah (DIN: 09731801) as an Independent Director for a second term of three consecutive years, effective from November 14, 2026, to November 13, 2029. She will not be liable to retire by rotation. This re-appointment is subject to shareholder approval at the ensuing AGM.

Mrs. Shah is a retired Indian Revenue Service (Income Tax) officer with over 35 years of experience, having held senior positions including Principal Chief Commissioner of Income Tax. She holds a Master's degree in Economics from the University of Rajasthan. She is not related to any existing director of the Company and is not debarred from holding the office of Director by virtue of any SEBI or other authority order.

3. Retirement of Executive Director:

Mr. Sachin Chaudhary (DIN: 02016992), Executive Director and Chief Operating Officer (COO), who is liable to retire by rotation at the ensuing AGM, has decided not to offer himself for re-appointment as a Director. He will cease to be a Director (including Executive Director) effective from the conclusion of the ensuing AGM. However, there is no change to his employment with the Company - he will continue to serve as COO with no change in his role, responsibilities, or reporting structure in that executive capacity.

Annual General Meeting:

The Twenty First Annual General Meeting of the Company will be held on Wednesday, September 30, 2026, at 11:30 AM IST through Video Conferencing/Other Audio-Visual Means. The Register of Members and Share Transfer Books will remain closed from Saturday, September 26, 2026, to Wednesday, September 30, 2026 (both days inclusive) for the purpose of the AGM.