1. Resignation of Chairman and Independent Director
Mr. Manoj Kumar Kohli (DIN: 00162071) resigned from his position as Chairman and Independent Director of the Company.
Resignation was submitted via letter dated June 4, 2026.
Effective date of resignation: July 4, 2026 (30 days from resignation date).
Reason for resignation: Personal and unavoidable circumstances.
Mr. Kohli confirmed in his resignation letter that:
There are no other material reasons for resignation
He holds no company documents, records, or property
No director remuneration, sitting fees, or other dues are payable by the company to him
No expenses are recoverable on behalf of the company
Mr. Kohli is not related to any other director on the Board.
2. Re-designation of Independent Director as Chairman
Mr. Kasaragod Ullas Kamath (DIN: 00506681) was re-designated from Independent Director to Non-Executive Chairman of the Board.
Effective date of re-designation: July 4, 2026.
Mr. Kamath provided formal consent to act as Chairman via letter dated June 4, 2026.
Educational and professional background:
Bachelor's of Law degree from University of Mysore
Master's of Commerce from Kakatiya University
Master's of Science in management from London School of Economics and Political Science
Advanced Management Programs at Wharton School and Harvard Business School
Fellow of the Institute of Chartered Accountants of India
Associate Member of the Institute of Company Secretaries of India
Former Joint Managing Director of Jyothy Labs Limited
Current directorships: Independent Director at V-Guard Industries Limited, Wonderla Holidays Limited, Veranda Learning Solutions Limited, AceVector Limited, and Director at Sami-Sabinsa Group Limited.
Chairperson of FICCI Karnataka State Council.
Award recipient: 'CA Business Achiever' (2008) and 'CNBC Awaaz Best CEO Award' (2018).
Mr. Kamath is not related to any other director on the Board.
3. Approval Process
Both matters were approved by the Board of Directors via resolution passed by circulation on June 4, 2026.
The decisions were based on the recommendation of the Nomination and Remuneration Committee.
The disclosure is made under Regulation 30 of SEBI Listing Regulations read with Para A of Part A of Schedule III and SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
4. Financial Impact
No financial impact disclosed. The resignation and re-designation represent governance changes without immediate financial consequences.
5. Additional Information
The detailed disclosures are provided in Annexure A (for resignation) and Annexure B (for re-designation).
The information is available on the company website: https://unicommerce.com/
The letter was signed by Anil Kumar, Company Secretary (Membership Number: F8023).
