Announcement under Regulation 30 (LODR)

The National Company Law Appellate Tribunal (NCLAT), Delhi bench, on May 13, 2025, disposed of nine company appeals (along with related interim applications) that were pending against the company. Following these orders, several board-level changes have taken effect: Mrs. Mamta R. Gandhi's resignation as a non-executive non-independent director is effective from the close of business hours on May 13, 2025, and the appointments of Mr. Janmajay V. Gandhi as executive director and Ms. Mansi Vyas as independent director, along with revised terms for executive directors Mr. Rajesh R. Gandhi and Mr. Devansh L. Gandhi, are now effective (members had already approved these on May 10, 2025). The board's Professional Management Appointment Policy, adopted on March 29, 2025, has also become effective. Copies of the NCLAT orders are awaited and the company will file further disclosures once available.