Change in Director / Key Managerial Personnel
- Nature of change: Extension of tenure for Interim General Counsel
- Name and DIN: Ms. Archana Sasan (DIN not provided in disclosure)
- Effective date and tenure: Tenure extended until 31st December 2026. Original appointment was effective 23rd February 2026 for a six-month period.
- Brief profile: Ms. Archana Sasan is a seasoned legal professional who held leadership positions at Dell International Services India Private Limited, Bharti Airtel Limited, GE Money Financial Services Limited and Kochhar & Co. Advocates & Legal Consultants. She has extensive experience across both private practice and in-house counsel roles. Her experience spans complex legal & regulatory issues, ethical & compliance matters and strategic advisory to the leadership.
- Previous KMP: Ms. Shobhana Nikam was the General Counsel of the Company who is currently indisposed due to personal exigencies. Ms. Sasan was originally engaged as an interim General Counsel in a consulting capacity to ensure continuity in legal leadership.
- Governance implications: The extension was approved by the Board of Directors based on recommendation of the Nomination and Remuneration Committee. The role involves legal leadership and strategic advisory functions.
Key Financial or Operational Approvals
No financial or operational approvals were mentioned in this disclosure.
Strategic or Business Context
No specific strategic or business context was provided beyond the need for continuity in legal leadership due to the incumbent General Counsel's personal exigencies.
Any Other Material Information
- The disclosure is made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The company references its earlier intimation dated 19th February 2026 (Annexure B) regarding the original appointment
- The disclosure was signed by Pragya Kaul, Company Secretary and Compliance Officer, on 13th August 2026