Board approves the Appointment and Resignations of the Directors in the Company

On February 4, 2026, the board approved four new appointments: Mr. Denis Desai as Whole-Time Director for 5 years (previously Non-Executive Director since Dec 30, 2025, also designated as KMP), Mr. Umakant Kashinathshatri Bijapur and Mr. Sahil Jain as Independent Directors for 5 years each, and Mr. Mukesh Kumar Bothra as Non-Executive Director. All appointments are subject to shareholder approval. In the same meeting, four directors resigned effective close of business on Feb 4, 2026 citing personal reasons: two Independent Directors (Mr. Ajay Kailashchand Jain and Mrs. Disha Rajkumar Jain), the Whole-Time Director Mr. Rajan Arvind Sawant (who also ceased as KMP), and Director Mrs. Deepa Rupesh Bhavsar. All resigning directors confirmed there are no other material reasons beyond personal reasons.