Nature of change: Appointment of Additional Director (Non-Executive Independent Director)
Name and DIN: Mr. Sanjiv Swarup (DIN: 00132716)
Effective date and tenure: Appointment effective from May 29, 2026 for a term of 5 consecutive years, subject to approval of shareholders
Profile and qualifications: Mr. Sanjiv Swarup is a qualified Chartered Accountant and Lawyer with over 45 years of experience in corporate governance, management consulting, strategic advisory, and business administration. He has extensive expertise in corporate strategy, governance practices, and business advisory services, with nearly four decades of experience in management consultancy. He is also actively involved in social and community development initiatives including smart agriculture, cancer prevention, and humanitarian activities.
Eligibility confirmation: The company confirms that Mr. Sanjiv Swarup satisfies the criteria of independence as prescribed under the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. He is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority.
Relationship with other directors: Mr. Sanjiv Swarup is not related to any Director(s) of the Company.
Approval process: The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee at its meeting held on May 29, 2026.
