Change in Director / Key Managerial Personnel

Nature of change: Retirement, promotion, and designation changes in Senior Management and Key Managerial Personnel.

Mr. S. Shafiulla:

  • Name and DIN: Mr. S. Shafiulla (DIN not provided)
  • Designation: President (Finance & Accounts), Senior Management Personnel
  • Reason for change: Ceased to be Senior Management Personnel upon retirement
  • Effective date: Close of business hours on September 30, 2026
  • Brief profile: Not provided in the disclosure
  • Relationship with other directors: Not applicable

Mr. Prakash Punj Verma:

  • Name: Mr. Prakash Punj Verma
  • Designation: President (Marketing - AC Division), Senior Management Personnel
  • Reason for change: Promoted from Sr. Vice President to President (Marketing - AC Division)
  • Effective date: September 30, 2026
  • Brief profile: MBA graduate with PGDBA in Marketing & Sales Management from Lal Bahadur Shastri Institute of Management & Development Studies, Lucknow. Graduation in Botany (Hons) from Vinoba Bhave University, Hazaribagh. Currently pursuing Senior Management Course (COO) at IIM Calcutta. Seasoned sales and marketing professional with 30+ years of leadership experience in building materials and allied industries. Previous roles include National Head, Sales & Marketing at Simpolo Ceramics, and leadership positions at Kajaria Ceramics Limited, Kisan Mouldings Limited, Hyderabad Industries Ltd (C K Birla Group), Somany Ceramics Ltd, U P Asbestos Ltd, Usha International Ltd, and Modi Korea Telecommunication (Y K Modi Holdings).

Mr. Chetan V. Bhadane:

  • Name: Mr. Chetan V. Bhadane
  • Designation: President (Marketing - V-Boards Division), Senior Management Personnel
  • Reason for change: Promoted from Sr. Vice President to President (Marketing - V-Boards Division)
  • Effective date: September 30, 2026
  • Brief profile: Senior business leader with 28+ years of cross-industry leadership experience across Building Materials, FMCG and Telecom. MBA in Marketing from Bharti Vidyapeeth's Institute of Management Studies & Research, Mumbai, and B.Sc. in Physics from North Maharashtra University. Previous leadership assignments with Reliance Industries, NITCO, Greenply Industries, HIL, Reliance Communications, Tata Teleservices, VST Industries, Godfrey Phillips India, Asian PPG Industries and JK White Cement.

Mr. Ramakanth Kunapuli:

  • Name: Mr. Ramakanth Kunapuli
  • Designation: Vice President & Company Secretary & Compliance officer, Key Managerial Personnel
  • Reason for change: Promoted from AVP&CS to Vice President & Company Secretary & Compliance officer (KMP)
  • Effective date: September 30, 2026
  • Brief profile: Not provided (promotion within company)

Key Financial or Operational Approvals

No financial or operational approvals were disclosed in this filing.

Strategic or Business Context

No strategic or business context information was provided in this management change disclosure.

Any Other Material Information

  • The disclosure was made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015
  • Reference SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • The company provided extensive factory address details across multiple divisions and locations in India