Intimation about re-appointment or continuation of Mr. Ramesh Kumar Jain as Managing Director of the Company

At the 45th Annual General Meeting held on 30 September 2025, shareholders approved the re-appointment of Mr. Ramesh Kumar Jain as Managing Director for a 5-year term from 1 April 2025 to 31 March 2030. The re-appointment is specifically because he will turn 70 years of age on 24 October 2025, and his continuation required shareholder approval. Separately, M/s. Sumit Bajaj & Associates, Company Secretaries, was appointed as the Secretarial Auditor for 5 consecutive years (FY 2025-26 to FY 2029-30). Mr. Ramesh Kumar Jain, the Managing Director, is the father of Mr. Vidit Jain, the existing Whole Time Director, meaning promoter family members continue to occupy both top executive positions on the board.