Nature of change: Appointment of Mr. Chandru Kalro (DIN: 03474813) as an Additional Director in the category of Non-Executive Non-Independent Director, designated as Vice Chairperson of the Company.
Effective date: 02 July 2026 (date of board approval). The appointment is subject to approval of shareholders.
Profile and qualifications: Mr. Chandru Kalro is an engineer in Electronics and Communication with over 35 years of experience in consumer durable industry. He began his career at BPL Limited (7 years in sales and marketing roles), joined TTK Prestige Limited in March 1993 as Product Manager, and held various leadership positions across sales, marketing, product management, and corporate strategy. He served as Managing Director of TTK Prestige from April 2015 until his retirement in September 2024. During his tenure, he strengthened TTK Prestige's market leadership, drove business growth, expanded product portfolio, enhanced brand equity, and built strong Omni channel distribution network. He is an alumnus of Indian Institute of Management Ahmedabad (IIM Ahmedabad), having completed Executive Development Programme (EDP) on "Enhancing Shareholder Value".
Eligibility confirmation: Mr. Chandru Kalro is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other statutory authority/court. He meets all eligibility requirements under SEBI Listing Regulations.
Relationship disclosure: Mr. Chandru Kalro is not related to any of the Promoters or Directors of the Company.
Board approval process: The appointment was approved by the Board of Directors at its meeting held on 02 July 2026 (commenced at 2:30 PM, concluded at 3:27 PM), based on the recommendation of the Nomination and Remuneration Committee.
