Independent director resigns; new Additional Director in independent capacity appointed for 5 years

Independent Director Mrs. Ankita Agarwal resigned w.e.f. 09.10.2026, citing personal reasons.

Fri 9 Oct 2026

Resignation Effective Date

09.10.2026

New Director Appointment Term

5 years, w.e.f. 09.10.2026 and up to 08.10.2031

New Director Experience

Master Degree with more than 5 years of experience in Business and Finance Management

Two board changes on the same date

The company informed the stock exchanges of the outcome of a meeting of its Board of Directors held on 09.10.2026. The meeting took up a resignation and an appointment.

Who resigned

• Mrs. Ankita Agarwal (DIN: 10732900), an Independent Director of the company, has resigned with effect from 09.10.2026.
• Her resignation letter, addressed to the Board, states the reason as personal reasons and her pre-occupation.
• A copy of the resignation letter is part of the disclosure.

Who was appointed

• Mrs. Mamta Singh (DIN: 11957545) has been appointed as an Additional Director in independent capacity, in terms of Section 149, for a period of 5 years with effect from 09.10.2026 and up to 08.10.2031.
• She holds a Master Degree and has more than 5 years of experience in Business and Finance Management.
• The company states she has no relationship with the other directors.
• She has confirmed that she is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

What the disclosure records

• The change is shared as a change in management, with the details of both the resignation and the appointment given in the standard format for a change of director.

How to read this

• An independent director has stepped down and a new independent director has come in on the same date, so the position is filled immediately rather than left vacant.
• The appointment is for a fixed 5-year term, running to 08.10.2031.
• Independent directors are part of the board's oversight of the company, including on audit and shareholder-interest matters, so a change in this seat is a board-composition event that investors generally track.
• The stated reason for the resignation is personal, and the board has recorded a replacement on the same date.

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