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The Board approved Kamlesh Varjivandas Thakkar’s revised remuneration and five-year reappointment as Chairman and Managing Director, subject to shareholder approval; Vipul Varjivandas Thakkar was designated Executive Director for five years. Executive Director Kamlesh Hariram Lalwani resigned effective 3 September 2026. Context: coincides with proposed promoter-control consolidation.