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Board appointed Vikash Rawal as Whole-Time Director and CEO, and Siddharth Raman Amin as Independent Director, each for five years from September 1, 2026, subject to shareholder approval. CEO appointment is a change in executive leadership; the independent director brings extensive commodities, metals and minerals experience relevant to the trading business. Both appointments require AGM approval. The filing provides no strategy, transition details or financial targets; AGM is scheduled for September 30, 2026.