Tata Capital CRO Resignation, Successor Appointed

Mr. Nitin Dharma, Chief Risk Officer (CRO) and Senior Management Personnel, has resigned from the company
Resignation is to pursue other personal and professional interests
Will cease to hold the position of CRO effective from close of business hours on June 30, 2026
Will continue employment with the company until September 7, 2026 to facilitate orderly transition of responsibilities
Formal resignation date from company services: September 7, 2026

Mr. Kamal Bhatia appointed as new Chief Risk Officer (Senior Management Personnel)
Appointment approved by Board of Directors on June 10, 2026
Based on recommendations of Risk Management Committee and Nomination and Remuneration Committee
Term: 2 years with effect from July 1, 2026

Mr. Kamal Bhatia has over 24 years of experience in Banking and NBFC sectors
Expertise across commercial, corporate and structured credit businesses including infrastructure financing, working capital, supply chain finance, leasing and mid-market credit portfolios
Currently serves as Senior Vice President - Chief Credit Officer, SME Finance at Tata Capital Limited
Responsibilities include overseeing policy frameworks, approval governance, concentration monitoring and risk appetite implementation across SME, Supply Chain Finance, Leasing, Infrastructure, and Digital Credit businesses
Previous experience: ICICI Bank Limited and Magma Leasing Limited
Qualifications: Chartered Accountant with Bachelor's degree in Accounting and Taxation

Disclosure made pursuant to Regulation 30 of SEBI Listing Regulations
Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 (updated as on January 30, 2026)
Annexure A contains requisite details as per SEBI Master Circular
Annexure B contains copy of resignation letter from Mr. Nitin Dharma

Dated June 8, 2026 addressed to "Rajiv" (Managing Director & CEO)
Mr. Dharma cites completion of over three decades of professional career, with ~19 years at Tata Capital
States this is an appropriate time to pursue other personal and professional interests
Expresses gratitude for opportunities, trust, and support received over the years
Mentions privilege of contributing to the institution from its inception and witnessing its growth
Extends appreciation to leadership and colleagues, particularly the Risk team
Commits to ensuring smooth transition and remaining available as required
Requests to be relieved from responsibilities effective close of business hours on September 7, 2026