Nila infrastructures Limited has strengthened its senior management team with the appointment of Mr. Gajendra Sharma as Group President (Strategy, Finance & Operations). The appointment was formalized through a circular resolution passed by the Board of Directors on March 30, 2026, following the recommendation of the Nomination & Remuneration Committee.

Appointment Details

The key parameters of Mr. Sharma's appointment are outlined below:

Professional Background

Mr. Gajendra Sharma brings substantial expertise to his new role at Nila Infrastructures Limited. He is described as an experienced, dynamic, and result-oriented qualified Chartered Accountant with a proven track record spanning 20 years in the financial and business domain. His professional experience encompasses diverse industries including:

• Pharmaceutical sector
• Fast-Moving Consumer Goods (FMCG)
• Mechanical and Electronics industries

Regulatory Compliance

The appointment disclosure has been made in strict compliance with regulatory requirements. The company has fulfilled its obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Additionally, the disclosure aligns with SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and Schedule III requirements.

Strategic Implications

The appointment of Mr. Sharma as Group President for Strategy, Finance & Operations reflects the company's commitment to strengthening its leadership team with experienced professionals. His extensive background across multiple industry verticals and two decades of financial and business expertise position him to contribute significantly to the company's strategic initiatives and operational excellence.

The formal communication regarding this appointment was sent to both BSE Limited and National Stock Exchange of India Limited on March 30, 2026, ensuring transparency and compliance with stock exchange notification requirements.

Nila Infrastructures Limited has reported a significant intra-promoter group share transfer involving the gift of 1,36,00,000 equity shares. The transaction, completed on 27-03-2026, represents a substantial redistribution of shareholding within the company's promoter group through off-market transfers.

Share Transfer Details

The share transfer involved two separate gift transactions from sons to their mother within the Vadodaria family. Both Siddharth R Vadodaria and Karan R Vadodaria individually gifted 68,00,000 equity shares each to Mrs. Chhayaben R Vadodaria.

Shareholding Changes

The transfer resulted in significant changes to individual shareholdings within the promoter group. Chhayaben R Vadodaria's stake increased substantially, while both sons' holdings were completely transferred.

Company Capital Structure

The company's total equity share capital remained unchanged following the transfer. Nila Infrastructures Limited maintains its existing capital structure with no dilution or expansion of share capital.

Regulatory Compliance

The transactions were disclosed in compliance with SEBI regulations governing substantial acquisition of shares and insider trading. All parties submitted necessary disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Regulation 7(2)(a) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The company's management confirmed receipt of all required documentation and submitted the disclosures to both BSE Limited and National Stock Exchange of India Limited for regulatory compliance and public record.