Company Disclosure under SEBI Regulation 30

Key Changes Effective 13th August, 2026

1. Resignation of Director
  • Mr. Ajmer Singh (DIN: 07472795) resigned as Non-Executive Independent Director effective close of business hours on 13th August, 2026.
  • Reason: Permanent relocation abroad.
  • The director confirmed in his resignation letter that there are no material reasons for resignation other than those mentioned.
  • He did not hold directorships in other listed entities (as per disclosure).
2. Management Promotions and Appointments
  • Mr. Vikas Singh Hooda promoted from Chief Financial Officer to Chief Executive Officer (CEO) effective 13th August, 2026.
  • Background: Chartered Accountant with 27 years of experience in media, logistics, mining business, procurement, and corporate strategy. Played pivotal role in establishing Mega Food Park in Raipur and is a seasoned real estate investment strategist.
  • Basis: Recommendation of Nomination & Remuneration Committee.
  • Mr. Ankur Gupta appointed as Chief Financial Officer effective 13th August, 2026.
  • Background: Over 28 years of diversified experience in financial services with expertise in NBFC operations, capital market finance, and other financial market products. Considered an authority on investment and wealth management verticals including PMS and AIF. Core strengths in management controls and process designing.
  • Basis: Recommendation of Nomination & Remuneration Committee to fill vacancy created by Mr. Hooda's promotion.
3. Appointment of Independent Directors
  • Mr. Ram Niwas Hooda (DIN: 05137074) appointed as Additional Director (Independent) effective 13th August, 2026.
  • Background: Advocate by profession and former president of Bar Association of Rohtak. Has vast experience in the Law Department of Maharishi Dayanand University, Rohtak. Was earlier associated as an Independent Director with the company.
  • Purpose: To ensure good governance by having optimum combination of Independent and Non-independent directors.
  • Mr. Bal Krishan Sharma (DIN: 11684540) appointed as Additional Director (Independent) effective 13th August, 2026.
  • Background: Former Director General, United Service Institution of India (USI) with nearly 50 years of leadership across military, public service, strategic affairs, diplomacy, institution building, strategic risk assessment, scenario planning, and emerging technology. Offers strong combination of policy making and implementation, geopolitical insight, government interface experience, crisis perspective, thought leadership, and values-driven stewardship.
  • Purpose: To ensure good governance by having optimum combination of Independent and Non-independent directors.

Financial Impact

Financial impact not quantified in the disclosure.

Documents Submitted

  • Annexure-A: Detailed information as required under Regulation 30
  • Annexure-B: Resignation letter of Mr. Ajmer Singh

Place: Gurugram

Date: 13th August, 2026