Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors of the Company, at its meeting held on 23.12.2025, has approved the re-appointment of Mr. Jay Singh Bardia as Managing Director of the Company for a further period of [five] years with effect from 01st January, 2026 , subject to the approval of the Members through Postal Ballot.