Director Reappointments and Appointments

Based on the recommendation of the Nomination and Remuneration Committee, the Board has recommended the following appointments to be considered at the ensuing Annual General Meeting:

Retiring Directors Reappointed:

  • Mr. Syed Azeem (DIN: 07532528)
  • Mr. Hanif Abdul Gaffar Khatri (DIN: 06396115)

New Independent Directors Appointed:

  • Ms. Bhagya M.G. (DIN: 11900200) - Non-executive Independent Woman Director for a 3-year term from September 26, 2026 to September 25, 2029
  • Ms. A. Harsha (DIN: 11888415) - Non-executive Independent Woman Director for a 3-year term from September 26, 2026 to September 25, 2029
  • Mr. Mizar Udaya Bhandary (DIN: 10043675) - Non-executive Independent Director for a 3-year term from September 26, 2026 to September 25, 2029

Whole Time Directors Reappointed:

  • Mr. Khasim Sait (DIN: 02943503) as Whole Time Director for 3 years from September 26, 2026 to September 25, 2029
  • Mr. Numaan Khasim (DIN: 06752207) as Whole Time Director for 3 years from September 26, 2026 to September 25, 2029
  • Mr. Afzal Hussain (DIN: 07522387) as Whole Time Director for 3 years from September 26, 2026 to September 25, 2029
  • Mr. Syed Azeem (DIN: 07532528) as Whole Time Director for 3 years from September 26, 2026 to September 25, 2029

Key Managerial Personnel Appointments

Chief Executive Officer:

  • Mr. Syed Azeem (DIN: 07532528) appointed as Chief Executive Officer and Key Managerial Person for 2 years from November 2, 2026 to November 1, 2028

Managing Director:

  • Mr. Mohammad Arif Abdul Gaffar Dor (DIN: 02943466) reappointed as Managing Director and Key Managerial Person for 2 years from November 2, 2026 to November 1, 2028

Executive Director and Chairman:

  • Mr. Hanif Abdul Gaffar Khatri (DIN: 06396115) reappointed as Executive Director and Chairman for 2 years from September 26, 2026 to September 25, 2028

Chief Finance Officer:

  • Mr. Sk Samim Riaz appointed as Chief Finance Officer and Key Managerial Person effective from November 2, 2026

Auditor Appointments

Secretarial Auditor:

  • M/S ABM & Associates reappointed as Secretarial Auditor for the financial year 2026-27

Internal Auditor:

  • M/s MUV & Co appointed as Internal Auditors for the financial year 2026-27

Director Profiles and Shareholdings

New Independent Directors:

  • Ms. Bhagya M.G. (Age: 53, B.Com, ACS) - 32 years experience in corporate governance, strategy, risk management
  • Ms. A. Harsha (Age: 45, B.Com, FCS) - 10 years experience in corporate governance, company law, SEBI compliance
  • Mr. Mizar Udaya Bhandary (Age: 55, B.Com, MBA) - 30+ years experience in IT, digital transformation, governance

Whole Time Directors:

  • Mr. Khasim Sait (Age: 69) - Holds 9,00,000 equity shares, 38 years experience in machine tools manufacturing
  • Mr. Numaan Khasim (Age: 39) - Holds 5,40,000 equity shares, 7 years experience in industrial racking systems
  • Mr. Afzal Hussain (Age: 40) - Holds 7,20,000 equity shares, 7 years experience in industrial racking systems
  • Mr. Syed Azeem (Age: 42) - Holds 7,20,000 equity shares, 7 years experience in industrial racking systems, also director at Manzar Experience curators Private Limited

Managing Director and Chairman:

  • Mr. Mohammad Arif Abdul Gaffar Dor (Age: 41) - Holds 13,50,000 equity shares, 16 years experience in manufacturing and R&D
  • Mr. Hanif Abdul Gaffar Khatri (Age: 61) - No equity shares held, 24 years experience in industrial racking systems

New CFO:

  • Mr. Sk Samim Riaz - MBA in Finance, over 22 years experience in financial management, accounting, and banking

Director Relationships

  • Mr. Khasim Sait is father of Afzal Hussain and Numaan Khasim
  • Numaan Khasim is brother of Afzal Hussain and son of Khasim Sait
  • Afzal Hussain is brother of Numaan Khasim and son of Khasim Sait
  • Mohammad Arif Abdul Gaffar Dor is brother of Hanif Abdul Gaffar Khatri

All appointments are subject to shareholder approval at the ensuing Annual General Meeting.