Section A – KMP Resignation Details

Name of Resigning KMP: Mr. Sanjay Anand

Designation: Independent Director

Reason for Resignation: Cessation due to completion of the second term of 5 consecutive years as an Independent Director, pursuant to Section 149(11) of the Companies Act, 2013 and Regulation 25 of the SEBI Listing Regulations.

Effective Date of Resignation: Close of business hours on September 29, 2026

Date of Resignation Letter: Not Specified

Duration in Role (if available): Two terms of five consecutive years each.

Board’s Acknowledgment / Statement: The Board of Directors and the Management of the Company expressed their deep appreciation and gratitude to Mr. Sanjay Anand for his invaluable contribution and guidance during his tenure.

Replacement Appointed (if any): Not Specified

Regulatory Compliance Statement (SEBI LODR, Circulars): The disclosure is made under Regulation 30 of the SEBI Listing Regulations, with specific reference to Sub Clause 7 of Part A, Para A of Schedule III and SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The cessation is in full compliance with the stipulated regulations.

Delay in Disclosure (if applicable): Not Specified. The disclosure is dated September 29, 2026, the same day as the effective date of cessation.

Section B – Additional Observations or Disclosures

Transition & Internal Role Reallocations: Consequent to the cessation, the constitution of all Board Committees was revised, effective September 29, 2026. Mr. Sanjay Anand is not taking up any new role within the company.

Revised Committee Compositions:

  • Audit Committee: Chairperson - Mr. Balakrishnan Venkatraman (Ind. Dir.); Members - Mr. Ankur Nand Thadani (Non-Exe. Non-Ind. Dir.), Mr. Nachiket Madhusudan Mor (Ind. Dir.), Dr. Ranjan Ramdas Pai (Ind. Dir.), Ms. Archana Bhaskar (Ind. Dir.)
  • Nomination & Remuneration Committee: Chairperson - Ms. Archana Bhaskar (Ind. Dir.); Members - Mr. Ankur Nand Thadani (Non-Exe. Non-Ind. Dir.), Mr. Nachiket Madhusudan Mor (Ind. Dir.), Mr. Venkatraman Balakrishnan (Ind. Dir.)
  • Stakeholders Relationship Committee: Chairperson - Mr. Venkatraman Balakrishnan (Ind. Dir.); Members - Ms. Archana Bhaskar (Ind. Dir.), Dr. Adil Agarwal (Whole-Time Director & CEO)
  • Corporate Social Responsibility Committee: Chairperson - Mr. Nachiket Madhusudan Mor (Ind. Dir.); Members - Mr. Ankur Nand Thadani (Non-Exe. Non-Ind. Dir.), Dr. Adil Agarwal (Whole-Time Director & CEO)
  • Risk Management Committee: Chairperson - Mr. Nachiket Madhusudan Mor (Ind. Dir.); Members - Mr. Ankur Nand Thadani (Non-Exe. Non-Ind. Dir.), Dr. Adil Agarwal (Whole-Time Director & CEO)

Successor Appointments: Not Specified. No new Independent Director was announced as a replacement.

Section C – Financial & Governance Disclosures (If Present)

This section is not present in the provided data. The disclosure is solely regarding the cessation of the director and the subsequent committee restructuring.

Additional Information

Date of Disclosure: September 29, 2026

Authorized Signatory: Thanikainathan Arumugam, Company Secretary and Compliance Officer

DIN of Resigning Director: 02501139 (Mr. Sanjay Anand)