Please find attached herewith the disclosure for change in management.

V.R. Woodart Limited has undergone a sweeping change in management at its board meeting on December 23, 2025, with six new directors appointed. Ms. Maddukuri Mounika was named Whole Time Director and Chief Executive Officer, and Ms. Minal Patil was appointed Whole Time Director, with both set to be reclassified as promoters after the completion of an Open Offer. Statutory auditor M/s. Thakur Vaidyanath Aiyar & Co. resigned mid-term, and M/s. K P N & Co. Chartered Accountants was appointed to fill the casual vacancy until the next AGM. The board also approved the appointment of four new non-executive and independent directors, including Mr. Manish Jhanwar as Chairman of the Audit Committee and Mr. Tejas Narendra Patil (brother of incoming promoter Minal Patil) as a non-executive director. All three board committees (Audit, Nomination & Remuneration, Stakeholders Relationship) have been reconstituted. The company is also seeking shareholder approval to rename itself 'Megamont Limited', alter its main business object to include trading in petroleum products, carbon materials, and metallic and non-metallic minerals, and shift its registered office to Andheri East. An EGM has been fixed for January 14, 2026.