Crizac Limited has modified the terms of appointment for its Whole-time Director, Manish Agarwal, making him liable to retire by rotation. The Crizac Limited Board of Directors approved the amendment during its meeting held on August 3, 2026. This change aligns Mr. Agarwal’s appointment with the provisions of Section 152 of the Companies Act, 2013 and the Articles of Association of the Company. Except for this specific modification regarding retirement by rotation, all other terms and conditions of his appointment, including tenure, remuneration, powers, duties, and responsibilities, remain unchanged.

The company disclosed the change pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in compliance with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Kashish Arora, Company Secretary & Compliance Officer of Crizac Limited, signed the intimation submitted to the National Stock Exchange of India Ltd and BSE Limited.

Details of Modification

The Board’s decision specifically alters the retirement clause in Mr. Agarwal’s contract. Previously, his appointment terms did not include liability to retire by rotation. The new terms state that he shall be liable to retire by rotation as per statutory requirements. No other aspects of his role or compensation have been altered.

Regulatory Compliance

Crizac Limited confirmed that Mr. Manish Agarwal is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority. The company also stated that there is no change in the disclosure of relationships between directors resulting from this modification. The filing references Circular No. LIST/COMP/14/2018-19 and NSE/CML/2018/02 dated June 20, 2018, regarding director disclosures.

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.