Summary of Key Information:

Nature of Transaction / Event:

Resignation of Whole-Time Director and Director

Date of Transaction:

11/08/2026 (effective date)

Individual Involved:

Mr. Kedarmal Shankarlal Bankda (DIN: 00023050)

Position Held:

Whole-Time Director and Director

Reason for Resignation:

  • Voluntary resignation in the interest of timely succession planning
  • Ensuring smooth and orderly transition of responsibilities
  • Giving importance to health and overall well-being
  • Ensuring continuity of leadership and effective handover of responsibilities

Resignation Details:

  • Resignation letter received by company on 08/08/2026 at 10:35 AM
  • Effective from close of business hours on 11/08/2026
  • Resignation is entirely voluntary with no disagreement with Board, management or any stakeholder
  • No other material reason for resignation

Background:

  • Mr. Bankda had an association of more than five decades with the company
  • He was Founder, Promoter, and Former Chairman & Whole-time Director
  • His vision established the company and nurtured it into its current form

Company Acknowledgement:

  • Board acknowledges resignation and expresses deep appreciation for exceptional leadership
  • Recognition of unwavering commitment and invaluable contribution over five decades
  • His vision and guidance played significant role in company's growth and development
  • Board conveys best wishes for good health and future endeavors