Please find the attached disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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The Board of Directors of Shristi Infrastructure Development Corporation Ltd, at its meeting on February 13, 2026, approved the re-appointment of Mr. Sunil Jha (DIN: 00085667) as Managing Director for a period of three years, effective March 4, 2026 to March 3, 2029. The re-appointment is based on the recommendation of the Nomination and Remuneration Committee and is subject to necessary regulatory approvals. Mr. Jha is a Chartered Accountant with a Real Estate Management Program from Harvard Business School, has been with the company for 22 years, and brings over 37 years of experience in finance, operations, and team development. The company has confirmed he is not debarred from holding the office of director by any SEBI order or authority.
This re-appointment signals leadership continuity at the helm of the company, with no change in strategic direction expected. For shareholders, it is a stability signal — the existing Managing Director, who has been credited with building the Shristi brand, continues for another three-year term, which may be viewed positively as it reduces near-term execution risk.