Reappointment of Mr. Ajay Khanna as Managing Director
Nature of change: Reappointment as Managing Director
Name and DIN: Mr. Ajay Khanna (DIN: 00027549)
Effective date: 11 August 2026
Term: Five consecutive years, from 11 August 2026 until 10 August 2031
Previous tenure: His current term as Managing Director was scheduled to conclude on 10 May 2027
Eligibility: Retires by rotation as per proviso of Section 152(2)
Approval process: Recommended by Nomination & Remuneration Committee, approved by Board of Directors on 11 August 2026, and finally approved by shareholders at the 33rd Annual General Meeting
Reappointment of Mrs. Chhavi Prabhakar as Non-Executive Independent Director
Nature of change: Reappointment as Non-Executive Independent Director for a second term
Name and DIN: Mrs. Chhavi Prabhakar (DIN: 07553853)
Effective date: 25 September 2026 (from conclusion of the 33rd AGM)
Term: Five consecutive years, commencing from conclusion of the 33rd AGM and continuing until the conclusion of the AGM to be held in 2031
Previous tenure: Her first term concluded at the conclusion of the 33rd Annual General Meeting
Director classification: Non-Executive Independent Director, not liable to retire by rotation
Approval process: Recommended by Nomination and Remuneration Committee, approved by Board of Directors on 11 August 2026, and finally approved by shareholders at the 33rd Annual General Meeting
Key Financial or Operational Approvals
The reappointments were approved by shareholders at the 33rd Annual General Meeting held on 25 September 2026 at 01:00 PM (IST) through Video Conferencing / Other Audio Visual Means
Any Other Material Information
Regulatory compliance: Disclosure made under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30 January 2026
