Defrail Technologies Limited has notified BSE Limited of its forthcoming Board Meeting, scheduled for Wednesday, May 20, 2026. The intimation, dated May 13, 2026, has been submitted in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The Board Meeting, designated as S.No. 26-27/BM-01, has been convened to consider, approve, and take on record the Audited Financial Results of the company for the quarter and year ended March 31, 2026. The key details of the scheduled meeting are outlined below:

Trading Window Closure

In conjunction with the board meeting intimation, Defrail Technologies has also communicated the status of its Trading Window closure. Pursuant to the Code for Prevention of Insider Trading read with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the shares of the company was closed from April 1, 2026, and shall remain closed until Friday, May 22, 2026.

This closure applies to the following categories of individuals associated with the company:

• Promoters and Promoter Group
• Directors
• Key Managerial Personnel
• Designated Persons
• Connected Persons

The intimation was signed by Vaibhav Sharma, Company Secretary (M. No. ACS: 71880), on behalf of Defrail Technologies Limited, and has been duly submitted to the Manager Listing at BSE Limited, Mumbai.

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.