Key Event Details
Mr. Yashkumar Trivedi (DIN: 09281016) will cease to hold the position of Independent Director of the Company upon completion of his first term of consecutive five years on 22nd August, 2026 (after close of the day).
Committee Positions Impact
Consequently, he shall cease to be Chairperson/Member of the following committees:
- Audit Committee
- Nomination & Remuneration Committee
- Stakeholders' Relationship Committee
- Risk Management Committee
- Corporate Social Responsibility Committee
Reason for Cessation
The Company received his unwillingness letter dated 29th July, 2026 to get reappointed as an Independent Director after the expiry of his first term. The reason stated is personal business commitments preventing him from devoting enough time to the Company.
Additional Information
Mr. Trivedi confirmed that there are no other material reasons for his unwillingness to continue. He does not hold directorship and membership of Board Committee(s) of any other listed entity.
Effective Date
The cessation will be effective from 22nd August, 2026 (close of the day).
Documentation
The unwillingness letter and required details as per SEBI format are enclosed as Annexure I with the disclosure.