ABM Knowledgeware Limited has announced important changes to its board committee structure following a meeting held on April 08, 2026. The company has restructured its Corporate Social Responsibility Committee leadership and dissolved its Risk Management Committee as part of governance optimization efforts.

Leadership Change in CSR Committee

The board has appointed Mr. Prakash B. Rane (DIN: 00152393) as the new Chairman of the CSR Committee, replacing Mrs. Supriya P. Rane (DIN: 00152890) who has ceased to be the Chairperson of the Committee. This leadership transition represents a significant change in the company's CSR governance structure.

The reconstituted CSR Committee now comprises three members with diverse expertise:

Risk Management Committee Dissolution

The board has decided to dissolve the Risk Management Committee, which was classified as a non-mandatory committee. The company stated that the scope of work previously handled by this committee is already being carried out by other mandatory committees, making the dissolution a strategic move to eliminate redundancy in governance processes.

Regulatory Compliance

These changes have been communicated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled its disclosure obligations by providing detailed information about the committee restructuring to ensure transparency with stakeholders.

Company Background

ABM Knowledgeware Limited operates as a software and services company with multiple certifications including SEI CMMI DEV Level 5, SEI CMMI SVC Level 3, and compliance with ISO 20000-1:2018, ISO 9001:2015, and ISO 27001:2013 standards. The company is headquartered in Mumbai and maintains its corporate office at ABM House, Plot No. 268, Linking Road, Bandra (West).

ABM Knowledgeware Limited has announced the cessation of Dr. Sumit Dutta Chowdhury (DIN: 02117586) as Non-Executive Independent Director with effect from the close of business hours on March 27, 2026. The departure follows completion of his second consecutive term of five years as an Independent Director.

Regulatory Compliance and Board Appreciation

The company has informed BSE Limited about this development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors has placed on record its sincere appreciation for Dr. Chowdhury's valuable contributions and guidance during his tenure with the company.

Board Reconstitution

Following Dr. Chowdhury's cessation, his membership and chairmanship in various Board committees have also ended, prompting a comprehensive reconstitution of the Board and its committees. The reconstituted Board of Directors now comprises six members led by Mr. Prakash Baburao Rane as Executive Director and Managing Director in the Chairman role.

Current Board Composition

Committee Restructuring

The company has reconstituted its key committees with new leadership structures. Mr. Ashokkumar Vitthal Dugade has assumed chairmanship of both the Audit Committee and Nomination and Remuneration Committee, while Mrs. Supriya Prakash Rane leads the Corporate Social Responsibility Committee as Chairperson.

Key Committee Leadership

• Audit Committee: Chaired by Mr. Ashokkumar Vitthal Dugade with Mr. Devendra Kamlakar Parulekar and Mr. Sharadchandra Damodar Abhyankar as members
• Nomination and Remuneration Committee: Led by Mr. Ashokkumar Vitthal Dugade with identical membership structure
• Corporate Social Responsibility Committee: Headed by Mrs. Supriya Prakash Rane with Mr. Sharadchandra Damodar Abhyankar and Mr. Ashokkumar Vitthal Dugade as members

The communication was signed by Company Secretary and Compliance Officer Sarika Ghanekar, confirming that all relevant information has been made available on the company's website and submitted to the stock exchange for record purposes.