Team India Guaranty Independent Director Resigns

Key Event Details

Ms. Sreedevi Pillai (DIN: 08944944), Non-Executive Independent Director of the Company, tendered her resignation via letter dated September 23, 2026. The resignation is effective immediately from September 23, 2026. The stated reason for resignation is "increased professional and personal commitments."

Committee Positions Impact

Consequent to her resignation, Ms. Pillai ceased to hold the following committee positions with effect from September 23, 2026:

• Chairperson of the Nomination and Remuneration Committee
• Member of the Audit Committee
• Member of the Risk Management Committee

Additional Directorhips Disclosure

As required by regulation, the disclosure includes Ms. Pillai's directorships in other listed entities:

1. IFB Industries Ltd (Independent Director)

• Member of Audit Committee
• Member of Nomination and Remuneration Committee
• Member of Corporate Social Responsibility Committee

2. The Western India Plywoods Limited (Independent Director)

• Chairperson of Nomination and Remuneration Committee
• Member of Audit Committee

Confirmation of Reasons

Ms. Pillai has confirmed that there are no other material reasons for her resignation beyond those stated in her resignation letter dated September 23, 2026.

Documentation

The filing includes two annexures:

• Annexure I: Disclosure pursuant to Regulation 30 read with Para A(7B) of Part A of Schedule III of SEBI Listing Regulations
• Annexure II: Copy of the resignation letter dated September 23, 2026, setting out the detailed reasons for resignation

Filing Details

The disclosure was signed by Aarti Pandey, Company Secretary & Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India Ltd. on September 23, 2026.