Pace E-Commerce Ventures has appointed Mohit Paragbhai Bhavnagari as an Additional Director in the Non-Executive category, effective July 30, 2026. The Board of Directors approved the appointment during a meeting held on July 30, 2026, following a recommendation from the Nomination and Remuneration Committee. This addition brings strategic leadership with international experience to the company’s governance structure.

The Board meeting commenced at 03:00 P.M. and concluded at 03:50 P.M. on July 30, 2026, at the company's registered office in Ahmedabad. The company notified BSE Limited in compliance with Regulation 30 read with Schedule III Part A Para A (7B) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bhavnagari will discharge his duties in accordance with the SEBI Regulations and the Companies Act, 2013.

Appointment Details

Bhavnagari’s term as Additional Director will last until the date of the ensuing Annual General Meeting or the last date on which the Annual General Meeting should have been held, whichever is earlier. His appointment terms are governed by the Letter of Appointment proposed to be issued by the company. He holds DIN 10568605.

Profile and Expertise

Mohit Paragbhai Bhavnagari is a seasoned business leader with over a decade of international experience in business strategy, industrial sales, operations, and corporate leadership. He holds a Master's degree in Management and Engineering in Production Systems from RWTH Aachen University, Germany, and the Maastricht School of Management, Netherlands.

He currently serves as Director of Berndorf Band India Private Limited, where he has established and expanded the company's operations in India. His expertise spans corporate strategy, business development, operational excellence, financial management, compliance, and organizational leadership. The company stated that his extensive international experience and strategic capabilities will add significant value to the Board.

Regulatory Disclosures

In accordance with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, the company disclosed that Bhavnagari does not hold directorships in any other listed entities. There are no disclosed relationships between him and other directors. Furthermore, under BSE Circular LIST/ COMP/ 14/ 201819, it was confirmed that Bhavnagari is not debarred from accessing capital markets or restrained from holding the office of director by any order of SEBI or any other authority.

Pace e-commerce ventures Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The filing, dated April 09, 2026, covers the quarter ended March 31, 2026, and confirms the company's adherence to dematerialization reporting obligations.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, addressing share certificate dematerialization and rematerialization activities for Q4 FY26. Managing Director Shaival Dharmendra Gandhi signed the submission on behalf of the company.

Dematerialization Activity Report

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, provided confirmation regarding dematerialization activities during the reporting period. The RTA confirmed that no securities were received from depository participants for dematerialization up to March 31, 2026.

Company Information

Pace E-commerce Ventures Limited operates with its corporate office located in Ahmedabad, Gujarat, and registered office in Pune, Maharashtra. The company maintains its listing on BSE Limited with specific identification codes for trading and regulatory purposes.

Key Corporate Details:

• Corporate Office: Ahmedabad, Gujarat
• Registered Office: Pune, Maharashtra
• Contact: +917948900801
• Email: compliance@pacesports.in

RTA Confirmation

Bigshare Services Private Limited, operating from Ahmedabad, provided the necessary certification as a SEBI registered Category I Registrar & Transfer Agent. The RTA's confirmation letter, dated March 31, 2026, specifically addressed the absence of dematerialization activities during the quarter, noting that since no securities were processed, no related administrative actions were required.

The filing demonstrates the company's commitment to maintaining regulatory compliance and transparent reporting of share transfer activities, ensuring stakeholders remain informed about dematerialization processes even when no activity occurs during the reporting period.