ANNOUNCEMENT UNDER REGULATION 30 (LODR)

On April 4, 2025, the Board of SMIFS Capital Markets Limited approved two new appointments. Mr. Samarth Parekh was appointed as an Additional Non-Executive, Non-Independent Director; he holds a Bachelor's degree from Babson College and has over 15 years of experience in investment banking, and is the son of existing Director Mr. Utsav Parekh. Mr. Anil Kumar Murarka was appointed as an Additional Non-Executive, Independent Director for a five-year term; he is a Practising Company Secretary with 33 years of experience and a Past President of ICSI. Both appointments are subject to shareholder approval within three months. The Board also reconstituted its Audit Committee, Stakeholders' Relationship Committee, Nomination & Remuneration Committee, and Committee of Directors to include the new appointees.