In compliance with Regulations 30 and 33 of the SEBI(LODR Regulations, 2015 (including any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being in force), this is to inform you that the Board of Directors of the Company at their meeting held today i.e. Tuesday, August 05, 2025, has, inter alia, considered and approved the following items in respect to change in management: 1. Appointment of Mr. Diwakar Aggarwal (DIN: 00144645), as Chairman-Executive Director (KMP) and payment of remuneration for the term of three years with effect from August 05, 2025, subject to approval of Shareholders of the Company in ensuing AGM 2. Re-appointment of Mr. Nikhil Gupta (DIN: 00195694), Managing Director of the Company and payment of remuneration for another term of three consecutive years with effect from February 01, 2026, subject to approval of Shareholders of the Company in ensuing AGM.