MD resigns, new MD and Independent Director appointed

Board met on 2 Sept 2026 and approved FY26 audited financial results and Directors' Report. Managing Director Ram Swaroop Joshi resigned but continues as Promoter Non-Executive Director. Anish More was appointed as new Managing Director for 3 years. Ashish Durgaprasad Mishra was appointed as Independent Non-Executive Director for 5 years, and Neha Kailash Bhageria was reappointed as Independent Woman Director for a second 5-year term. All appointments need shareholder approval at AGM. Audit, NRC and Stakeholders committees were reconstituted. AGM scheduled for 25 Sept 2026.