Change in Director / Key Managerial Personnel

Nature of change: Cessation on completion of tenure.

Individuals and Details:

  • Mr. Som Mittal (DIN: 00074842), Non-Executive Independent Director. Ceased effective close of business hours on June 06, 2026.
  • Mr. Ravindra Dhariwal (DIN: 00003922), Non-Executive Independent Director. Ceased effective close of business hours on June 06, 2026.
  • Mr. Anil Tandon (DIN: 00089404), Non-Executive Independent Director. Ceased effective close of business hours on June 06, 2026.

Effective Date: The cessation was effective from the close of business hours on June 06, 2026.

Reason for Cessation: The second consecutive term of appointment for all three directors concluded on June 06, 2026.

Committee Memberships: Consequent upon their cessation as Directors, their respective memberships and chairmanships on all Committees of the Board also ceased with effect from the close of business hours on June 06, 2026.

Brief profile and relationships: Not provided, as the disclosure pertains to cessation, not appointment.

Confirmation of eligibility: The cessation is due to the completion of the maximum permissible tenure for an Independent Director as per SEBI norms (second consecutive term).

Key Financial or Operational Approvals

This section is not applicable to the provided data. The disclosure is solely regarding the cessation of directors and does not contain information on financial results, fundraising, acquisitions, capital expenditures, or auditor opinions.

Strategic or Business Context

This section is not applicable to the provided data. The disclosure does not contain any commentary on business outlook, risks, trends, segment-wise insights, or changes in business strategy.

Any Other Material Information

Regulatory Compliance: This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The required details as per Regulation 30 read with Schedule III of the SEBI Listing Regulations are provided in the annexed Annexure A.

Scrip Symbol / Code: NSE: SFL, BSE: 540203

Date of Disclosure: June 06, 2026