Nature of change: Appointment of Mr. Deepak Kapoor (DIN: 00162957) as an Additional Non-Executive, Independent Director of the Company.
Effective date and tenure: Date of appointment is June 1, 2026, for a term of 5 years commencing from June 1, 2026 to May 31, 2031, subject to approval of the shareholders of the Company.
Profile and qualifications: Mr. Deepak Kapoor is a former Chairman of PwC India and was associated with the firm for over 30 years. He was named Partner in 1991 and was the Managing Director between 2007 and 2016. Mr. Kapoor has extensive experience in the audit function as well as business advisory related work and has led deals for more than eight years and practiced in the area of telecom, entertainment and media for over a decade. His experience, in India and overseas, encompasses multiple industries including consumer products, manufacturing, telecom, technology, healthcare, entertainment and media. Mr. Kapoor is a fellow member of the Institute of Chartered Accountants of India (ICAI) and the Institute of Company Secretaries of India (ICSI) and a member of the Institute of Certified Fraud Examiners, USA.
Eligibility confirmation: Mr. Kapoor is not debarred from holding the office of Director by virtue of any SEBI Order or any other such Authority.
Approval process: Appointment was approved by the Board of Directors on June 1, 2026, based on the recommendation of the Nomination and Remuneration Committee.
