Outcome of the Board Meeting held on January 15, 2026 pursuant to the provisions of the SEBI (LODR) Regulations, 2015

Following the completion of an open offer, there has been a change in management and control of the company, with erstwhile promoters being reclassified from the Promoter category to the Public category effective January 15, 2026. New promoters are now Mr. Shankar Vardharajan and Mr. Keshav A S, along with persons acting in concert. The Board appointed Mr. Anancha Perumal Selvi Keshav as Managing Director and Chairman (5-year term) and as Additional Executive Director, Mr. Rohan Ramaswamy as Additional Executive Director, and Mrs. Reshma D as Additional Non-Executive Independent Director. Four directors and the previous Company Secretary resigned effective January 21, 2026, citing the change in management. Mr. Vignesh Seethapathi was appointed as new CFO and Ms. R. Priyanka Malpani as Company Secretary and Compliance Officer, while all board committees were reconstituted and the corporate office relocated to Chennai.