Crizac Limited has announced that its 15th Annual General Meeting (AGM) will be held on Friday, September 11, 2026, at 1:00 PM (IST). The meeting will be conducted exclusively through Video Conferencing ('VC') or Other Audio-Visual Mode ('OAVM'), in compliance with circulars issued by the Ministry of Corporate Affairs ('MCA') and the Securities and Exchange Board of India ('SEBI'). This virtual format allows shareholders to participate remotely while maintaining regulatory adherence.

The proceedings of the AGM shall be deemed to have been conducted at the company's registered office located at Wing A, 3rd Floor, Constantia Building 11, Dr. U.N. Brahmachari Street, Shakespeare Sarani, Kolkata-700017, West Bengal, India. Shareholders must note the specific cut-off date to determine eligibility for voting on the resolutions set forth in the notice of the AGM.

The Annual Report for FY 2025-26 and the Notice of the 15th AGM will be dispatched by permitted means to all members whose email addresses are registered with the company, its Registrar and Transfer Agent (RTA), or Depository Participants (DPs). These documents will also be submitted to the stock exchanges on or before the commencement of dispatch to shareholders. Additionally, the Annual Report and AGM Notice will be available on the company's website at https://www.crizac.com/ .

Key Dates for Shareholders

Shareholders intending to participate in the voting process must ensure their holdings are recorded as of the cut-off date. Any changes in shareholding after this date will not affect voting eligibility for this specific meeting. The company has emphasized the importance of registered email addresses to ensure timely receipt of the AGM materials.

Regulatory Compliance

The decision to hold the AGM via VC/OAVM aligns with the relevant circulars from the MCA and SEBI, which permit remote participation for general meetings. This approach ensures broader accessibility for shareholders while adhering to statutory requirements. The company secretary, Kashish Arora, has certified the communication, confirming its validity and compliance with corporate governance standards.

crizac has executed a significant restructuring of its Board of Directors, appointing Christopher Flood Nagle as Additional Non-Executive Director and Chairperson effective August 3 and August 4, 2026, respectively. Concurrently, Dr. Vikash Agarwal has relinquished the position of Chairperson to devote greater attention to his role as Managing Director, and Ms. Pinky Agarwal has resigned from the Board due to other professional commitments. These changes centralize governance under Nagle, who recently stepped down as CEO of the UK subsidiary, while maintaining operational continuity through Agarwal’s continued executive leadership.

The appointments and resignations were approved by the Board at its meeting held on August 3, 2026, pursuant to the recommendation of the Nomination & Remuneration Committee. The disclosures were made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and SEBI Master Circular no. HO/49/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Nagle’s transition marks a shift from operational management in the UK entity to strategic oversight at the Indian holding company level.

Dr. Vikash Agarwal ceased to hold the office of Chairperson at the close of business hours on August 3, 2026. He will continue to serve as the Managing Director of Crizac Limited, focusing on strategic management and executive responsibilities. His departure from the chairmanship is not a cessation of directorship but a realignment of roles to enhance operational efficiency. Similarly, Ms. Pinky Agarwal, a Non-Executive Non-Independent Director, tendered her resignation effective August 3, 2026. She confirmed there are no material reasons for her resignation other than pre-occupancies and professional commitments. Consequently, she also ceases to be a member of the Nomination & Remuneration Committee and the Risk Management Committee.

In addition to these changes, the Board has approved the re-appointment of two Independent Directors for a second term of three years, subject to shareholder approval at the ensuing 15th Annual General Meeting scheduled for September 11, 2026. Mr. Anuj Saraswat will serve from February 14, 2027, to February 13, 2030, while Ms. Payal Bafna’s term will run from March 21, 2027, to March 20, 2030. Both directors are not liable to retire by rotation.

Governance Restructuring

The Board has also reconstituted its key committees following the exit of Ms. Pinky Agarwal. The Nomination & Remuneration Committee now comprises Mr. Rakesh Kumar Agrawal (Chairman), Mr. Christopher Flood Nagle (Member), and Mr. Anuj Saraswat (Member). The Risk Management Committee has been reshuffled with Mr. Manish Agarwal assuming the role of Chairman, alongside members Mr. Vikash Agarwal and Mr. Anuj Saraswat. These adjustments ensure compliance with Section 178 of the Companies Act, 2013, and Regulations 19 and 21 of the SEBI LODR Regulations, maintaining robust oversight mechanisms during the leadership transition.