Maximus International Limited has announced the appointment of Mr. Aniruddh Gandhi as an Additional Non-Executive Non-Independent Director, marking a strategic addition to its board leadership. The appointment was formalized during the Board meeting held on 18th April, 2026.

Board Appointment Details

The company's Board of Directors approved Mr. Gandhi's appointment based on the recommendation of the Nomination and Remuneration Committee. The appointment is effective from 18th April, 2026, subject to approval by the shareholders of the company.

Professional Background

Mr. Aniruddh Gandhi brings significant educational credentials and professional experience to the board. His qualifications include:

• Master's Degree: Science in Business and Entrepreneurship from Babson College, USA
• Bachelor's Degree: Chemical Engineering from the University of Illinois Urbana-Champaign, USA

Experience and Expertise

Mr. Gandhi's professional experience spans multiple areas relevant to the company's operations:

• Business development and international trade expertise in specialty oils and lubricants
• Entrepreneurial skills and business acumen
• Analytical capabilities in technology and consulting roles

Regulatory Compliance

The company has confirmed that Mr. Gandhi meets all regulatory requirements for the directorship position. He is not debarred from holding the office of Director by virtue of any SEBI order or any other authority, and is not disqualified under Section 164 of the Companies Act, 2013.

Board Independence

The disclosure confirms that Mr. Aniruddh Gandhi is not related to any other Director of the company, maintaining the independence requirements for board composition. The appointment follows the regulatory framework under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Maximus International Limited has filed a non-applicability certificate with BSE Limited regarding SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026. The regulatory filing demonstrates the company's continued compliance with depositories regulations and maintains transparency with market participants.

Regulatory Compliance Filing

The certificate was submitted on 04th April, 2026, by Company Secretary and Compliance Officer Sonali Panchal. The filing specifically addresses Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which was formerly known as Regulation 54 of SEBI (Depository and Participant) Regulations, 1996.

Certificate Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the certificate on 03rd April, 2026. The registrar confirmed that Regulation 74(5) is not applicable to Maximus International Limited due to specific operational circumstances during the quarter.

The key findings from the registrar's assessment include:

• All company shares remain in dematerialised (demat) form
• No requests for rematerialisation were received during Q4FY26
• No requests for dematerialisation were received during the quarter
• The company maintains full compliance with depositories regulations

Regulatory Framework

SEBI Regulation 74(5) under the Depositories and Participants Regulations, 2018 governs specific compliance requirements for listed companies regarding share transfers and depositories operations. The regulation requires companies to submit certificates when certain conditions apply to their share holding patterns and transfer activities.

The non-applicability status indicates that Maximus International Limited's share structure and transfer activities during Q4FY26 did not trigger the specific compliance requirements outlined in the regulation. This reflects the company's stable shareholding pattern and efficient depositories management through its registrar.