Octaware Technologies has accepted the resignation of Shahnawaz Aijazuddin Shaikh from the position of Chief Financial Officer and Key Managerial Personnel. The Board of Directors approved the resignation during its meeting held on August 20, 2026.

Shaikh’s resignation is effective from the close of business hours on August 10, 2026. He cited personal reasons and professional commitments as the basis for his departure. The company stated there are no material reasons for the resignation other than those disclosed.

Regulatory Disclosure

The disclosure was made pursuant to Regulation 30 read with Para A, Part A, Clause 7 of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mohammed Aslam Quadratullah Khan, Managing Director, signed the filing on behalf of the company.

Tenure Details

Shaikh was appointed as Chief Financial Officer on August 8, 2022. In his resignation letter, he confirmed that he would ensure a smooth transition by handing over all records, documents, responsibilities, and company assets. He also pledged to extend necessary assistance to facilitate an orderly transfer of duties.

The company placed on record its appreciation for Shaikh’s contributions during his tenure.

Octaware Technologies has appointed M/s R & D Company Secretaries as its secretarial auditor for a consecutive five-year period. The Board of Directors approved the appointment during its meeting held on August 20, 2026, covering the financial years from FY26 to FY30.

The firm, which holds Peer Review Certificate No. 8258/2026, will conduct secretarial audits in accordance with Section 204 of the Companies Act, 2013. The appointment is subject to approval by shareholders at the company's ensuing Annual General Meeting (AGM).

Auditor Profile

M/s R & D Company Secretaries is a peer-reviewed firm of practicing company secretaries with Firm Unique Identification No. P2005DE011200. The firm provides professional services in corporate planning, restructuring, mergers and acquisitions, corporate laws, and SEBI-related matters.

Debabrata Deb Nath, the Managing Partner of the firm, is a Fellow member of the Institute of Company Secretaries of India (ICSI) with approximately 17 years of experience in providing corporate advisory services.

Regulatory Disclosure

The appointment was disclosed under Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also references SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

There are no disclosed relationships between the directors of Octaware Technologies and the appointed auditor.