Max Heights Infrastructure Limited strengthened its corporate governance framework by appointing Ms. Konica Arora as an Additional Director (Independent) effective July 7, 2026. The appointment was approved during a Board meeting held at the company's registered office in New Delhi. Ms. Arora, a Practicing Chartered Accountant, brings expertise in statutory audits, stock audits, and taxation to the Board. Her tenure extends until the date of the ensuing general meeting.

The Board simultaneously reconstituted its key committees to integrate the new director. Ms. Arora has been inducted into the Audit Committee, the Nomination and Remuneration Committee, and the Stakeholders Relationship Committee. These committees now include a mix of independent and executive directors, with the chairperson for each committee to be elected by its members.

This leadership change follows the resignation of Mr. Manoj Kumar Pahwa as Independent Director, effective June 9, 2026. The Board had previously acknowledged this resignation via a circular resolution on June 30, 2026. The necessary disclosures regarding Mr. Pahwa's exit were submitted to the stock exchanges on June 10, 2026.

Ms. Konica Arora holds a Bachelor of Commerce degree and has been practicing since May 2020. Her professional focus includes direct and indirect taxation, tax compliance, and advisory services. The company confirmed that she is not debarred from holding the director's office by any SEBI order or other authority and is not disqualified under Section 164 of the Companies Act, 2013.

Re-constituted Board Committees

Nomination and Remuneration Committee

Stakeholders Relationship Committee

Manoj Kumar Pahwa resigned as Non-Executive Independent Director of max heights infrastructure effective June 9, 2026, due to personal and professional commitments requiring increased attention. The resignation was intimated to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pahwa confirmed there are no other material reasons for his departure and that he is unaware of any circumstances requiring disclosure to shareholders or regulatory authorities.

Prior to his resignation, Pahwa served as the Chairperson of the Audit Committee and was a member of the Nomination & Remuneration Committee and the Stakeholders Relationship Committee. He did not hold directorships in any other listed entities besides Max Heights Infrastructure Limited. The company has disclosed the detailed reasons for the change and the director's confirmation in the required format under SEBI regulations.

The resignation was communicated via an email dated June 9, 2026, addressed to the Board of Directors. Pahwa requested the Board to ensure necessary filings and statutory compliances under the Companies Act, 2013, and SEBI regulations. He expressed appreciation for the cooperation and support received during his tenure and conveyed his best wishes for the company's future growth.

Details of Resignation

The company's compliance officer, Sonali Mathur, signed the disclosure submitted to BSE Limited and The Calcutta Stock Exchange Limited on June 10, 2026.