Intimation under Regulation 30 of SEBI Listing Regulations - Change in Key Managerial Personnel (Chief Financial Officer)

The Board of Directors has noted and approved the resignation of Mr. Vimal Agarwal as Chief Financial Officer effective 30th June 2026. He is leaving to take up a new role within the Mahindra Group. The Board has simultaneously appointed Mr. Rajiv Vimal as the new CFO and KMP effective 1st July 2026. Mr. Rajiv Vimal brings over two decades of finance experience, currently serving as CFO of PPG Asian Paints Private Limited, and previously spent 13+ years with Vodafone in senior finance leadership roles. He is a Chartered Accountant and a Commerce graduate from St. Xavier's College, Kolkata. The transition is smooth with a one-day gap between the outgoing and incoming CFO.