Defrail Technologies Limited has announced the resignation of Independent Director Mr. Vivek Karnavat, effective 13/04/2026. The company informed BSE Limited about this board change through a regulatory filing dated 14 April, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

The resignation was submitted by Commodore Vivek Karnavat (Retd), who cited personal reasons for his decision to step down from the board. In his resignation letter dated 13 Apr 2026, Mr. Karnavat expressed his commitment to ensuring a smooth transition and offered assistance during the handover process.

Regulatory Compliance

As per SEBI Circular dated October 18, 2019, Defrail Technologies Limited received confirmation from Mr. Karnavat that there are no material reasons for his resignation other than those mentioned in the resignation letter. This confirmation ensures compliance with regulatory disclosure requirements and provides transparency to stakeholders.

Other Directorships

Mr. Karnavat currently holds directorship positions beyond Defrail Technologies Limited. His other commitments include:

• Independent Director at Shree Refrigerations Limited
• Committee positions across multiple boards:
  • Audit Committee – Member
  • Corporate Social Responsibility Committee – Member
  • Stakeholders Relationship Committee – Chairperson

Company Information

Defrail Technologies Limited, incorporated with CIN L30204HR2023PLC115548, operates from its registered office at Plot No 180, Sector-24 Faridabad, Haryana. The company trades on BSE with scrip code 544677. Managing Director Vivek Aggarwal (DIN: 09249636) signed the regulatory filing announcing the board change.

The resignation follows standard corporate governance procedures, with the company providing comprehensive disclosure documentation including the resignation letter and detailed regulatory annexure as required under SEBI regulations.

Defrail Technologies Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate, dated April 7, 2026, covers the quarter ended March 31, 2026, and confirms the company's adherence to dematerialization procedures.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with BSE Limited. Managing Director Vivek Aggarwal (DIN: 09249636) signed the compliance document, which was digitally executed on April 7, 2026.

Registrar and Transfer Agent Certification

Maashitla Securities Private Limited, serving as the company's Registrar and Transfer Agent, provided the underlying certification for the compliance filing. The RTA, registered with SEBI as Category-I (Registration No: INR000004370), confirmed that all dematerialization procedures were conducted within regulatory timelines.

The certification confirms that any securities received for dematerialization were processed within 15 days of receipt, with proper verification and cancellation of physical certificates. The names of depositories were appropriately substituted in the register of members as registered owners.

Dematerialization Activity Summary

The detailed records show no dematerialization activity during the quarter ended March 31, 2026:

Both the acceptance and rejection tables for the period from January 1, 2026 to March 31, 2026 show no entries, indicating zero dematerialization requests were processed during this quarter.

Company Information

Defrail Technologies Limited operates from its registered office at Plot No 180, Sector-24 Faridabad, Haryana, with CIN L30204HR2023PLC115548. The company maintains its stock exchange listing on BSE Limited under scrip code 544677, with ISIN number INE0ZE201010.