One 97 Communications has appointed Narasinganallore Venkatesh Srinivasan and Sachee Trivedi as Non-Executive Independent Directors effective July 05, 2026, for a term of three years. The appointments, subject to shareholder approval at the ensuing Annual General Meeting, aim to strengthen the Board as the company pursues its next phase of growth and higher profitability. The Board also approved the resignation of Whole-time Director Urvashi Sahai and designated four senior executives as Senior Management Personnel.

Mr. Narasinganallore Venkatesh Srinivasan brings over four decades of experience across finance, capital markets, banking, risk, and treasury management. He has held leadership positions at IDBI and the Association of Mutual Funds in India (AMFI). Ms. Sachee Trivedi, Founder and Managing Partner of Trident Capital Investments, has over two decades of experience in global equities investing and regulatory advisory in the financial services industry across the US and Europe.

The Board accepted the resignation of Ms. Urvashi Sahai from the office of Whole-time Director and Key Managerial Personnel, effective from the close of business hours on July 05, 2026. She steps down to focus on her executive responsibilities within the company. Consequently, her position as a member of the Stakeholders' Relationship Committee will also conclude on July 05, 2026. Ms. Sahai will continue to serve as General Counsel & Senior Vice President – Legal, designated as Senior Managerial Personnel effective July 06, 2026.

Additionally, the Board designated Mr. Anuj Mittal (Senior Vice President – Investor Relations), Mr. Avijit Jain (Senior Vice President & Chief Operating Officer – Loan distribution), and Mr. Vikash Jalan (Chief Operating Officer – Consumer Payments) as additional Senior Management Personnel effective July 03, 2026.

The following table summarizes the key details of the appointments and resignations:

one 97 communications recorded a notable block trade on the National Stock Exchange (NSE), with approximately 240,969 shares changing hands at a price of ₹1103.10 per share. The total value of the transaction amounted to ₹26.58 crores, reflecting significant activity in the counter.

Block Trade Details

The following table summarizes the key parameters of the block trade executed on the NSE:

Block trades are typically executed by institutional investors or large market participants and are carried out outside the regular order book to minimize market impact. The transaction in One 97 Communications underscores the continued interest of large investors in the stock on the NSE platform.