Change in Director / Key Managerial Personnel

Nature of change: Additional responsibility assignment to existing Key Managerial Personnel

Name and DIN of the individual: Mr. Minuzeer Bamboat (DIN not disclosed in the document)

Effective date and tenure: With effect from October 12, 2026. Mr. Bamboat has been associated with the Company for the past 17 years, having served in diverse roles during his tenure.

Brief profile and relevant qualifications: Mr. Minuzeer Bamboat is a qualified Company Secretary and Chartered Accountant with more than 25 years of rich experience across accounting, tax and secretarial functions in manufacturing and service industries.

Current positions held: Company Secretary, Compliance Officer & Head – Legal (Key Managerial Personnel and Senior Management Personnel)

New additional responsibility: National Finance Controller

Confirmation of eligibility: The appointment was made upon recommendation of Nomination and Remuneration Committee and approved by the Board of Directors via circular resolution dated October 12, 2026, indicating compliance with SEBI/BSE/NSE norms.

Relationship with other directors: Not disclosed

Previous KMP: Mr. Bamboat continues in his existing roles; this represents an expansion of responsibilities rather than a replacement.

Key Financial or Operational Approvals

Board approval: The Board of Directors approved the assignment of additional responsibility as National Finance Controller to Mr. Minuzeer Bamboat via circular resolution dated October 12, 2026.

Committee recommendation: The appointment was made upon recommendation of the Nomination and Remuneration Committee.

Strategic or Business Context

No specific business outlook, risks, trends, or macro/micro developments were disclosed in relation to this appointment.

Any Other Material Information

Regulatory compliance: The disclosure is made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations and in line with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Document availability: This intimation is available on the company website www.tilind.com.

Company details:

  • Corporate Office: Industrial Assurance Building, 3rd Floor, Churchgate, Mumbai, Maharashtra - 400 020, India

Scrip details:

  • BSE Scrip Code: 507205
  • NSE Symbol: TI