The Board of Directors of the Company, based on the recommendation of the Nomination, Remuneration and Compensation Committee, approved the appointment of Mr. Shashi Bhushan Singh as the Chief General Manager – Sales and Business Development. This appointment is designated as a Senior Management Personnel role and is effective from 12th October 2026.

Key Details of the Appointment:

  • Date of Appointment: 12th October 2026
  • Term of Appointment: Not Applicable
  • Brief Profile: Mr. Shashi Bhushan Singh has approximately 22 years of experience across Raymond Limited, Titan Company Limited, and Spencers Retail Limited. This includes 15 years of specific experience in franchise expansion. His expertise spans sales, retail operations, modern trade, and business development. He brings specialized knowledge in business expansion, market penetration, new product introductions, and execution of strategic marketing initiatives. Throughout his career, he has contributed to establishing over 400 retail outlets across India, launched new business lines, established divisions, and driven business turnarounds.

Educational Qualifications:

  • Executive Programme in Business Management (EPBM) from IIM Lucknow
  • Post Graduate Diploma in Retail Management from SCDL
  • B.A. in Economics from VBSP University
  • Completed a Leadership Programme at IIM Lucknow

Relationships:

Disclosure of relationships between directors is noted as not applicable.

Financial Impact:

No financial impact, remuneration details, or capital structure implications are disclosed in this filing.