Singer India Limited has announced a significant leadership transition in its Chief Financial Officer position, marking a planned succession that ensures continuity in the company's financial management. The announcement, made through a regulatory filing dated March 31, 2026, outlines the retirement of the current CFO and the appointment of his successor.

Leadership Transition Details

The company has disclosed that Mr. Subhash Chand Nagpal will retire from his position as Chief Financial Officer and Key Managerial Personnel effective from the close of business hours on March 31, 2026. Simultaneously, Mr. Anuj Kumar Vasdev, who has been serving as Chief Financial Officer (CFO) – Designate, will assume the role of Chief Financial Officer and Key Managerial Personnel from April 1, 2026.

New CFO's Professional Background

Mr. Anuj Kumar Vasdev brings substantial expertise to his new role, with over 26 years of extensive experience in strategic finance leadership. His professional journey includes key CFO and senior finance positions across several reputed organizations. His career spans multiple industries, having worked with prominent companies including NCML, Ozone, Mars & Wrigley's, PepsiCo and Dabur.

Throughout his career, Mr. Vasdev has demonstrated significant capabilities in:

• Driving financial strategy development and implementation
• Strengthening business performance across organizations
• Enabling sustainable growth initiatives
• Strategic finance leadership in diverse business environments

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the company's earlier intimation submitted to BSE Limited dated February 12, 2026, and precedes the company's listing on the National Stock Exchange of India Limited.

The company has confirmed that this disclosure will be hosted on Singer India's official website at www.singerindia.com , ensuring transparency and accessibility for all stakeholders. The regulatory filing was signed by Rupinder Kaur, Company Secretary and Compliance Officer, maintaining proper corporate governance protocols.

Strategic Continuity

The planned transition demonstrates Singer India's commitment to maintaining strong financial leadership continuity. With Mr. Vasdev already serving in the CFO-Designate role, the company has ensured a smooth handover process that minimizes disruption to ongoing financial operations and strategic initiatives.

This leadership change positions Singer India to leverage Mr. Vasdev's extensive experience in strategic finance across multiple industries, potentially enhancing the company's financial strategy and business performance going forward.

Singer India Limited has announced a significant leadership transition in its finance department, with the retirement of its Chief Financial Officer and the appointment of his successor. The company disclosed this information to BSE Limited on February 12, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

CFO Retirement Details

Mr. Subhash Chand Nagpal will retire from his position as Chief Financial Officer and Key Managerial Personnel of the company effective from the close of business hours on March 31, 2026. The Board of Directors has placed on record its sincere appreciation for the valuable contributions, leadership and dedicated services rendered by Mr. Nagpal during his tenure with the company.

New CFO Appointment

The Board of Directors has approved the appointment of Mr. Anuj Kumar Vasdev as the new Chief Financial Officer and Key Managerial Personnel, effective April 1, 2026. This appointment was made pursuant to recommendations from both the Nomination and Remuneration Committee and the Audit Committee. Vasdev is currently serving as Chief Financial Officer (CFO) – Designate at the company.

Professional Background

Mr. Anuj Kumar Vasdev brings over 26 years of extensive experience in strategic finance leadership to his new role. His professional background includes key CFO and senior finance positions with several reputed organizations:

• NCML
• Ozone
• Mars & Wrigley's
• PepsiCo
• Dabur

Throughout his career, Vasdev has played a significant role in driving financial strategy, strengthening business performance and enabling sustainable growth across organizations. His extensive experience positions him well to lead Singer India's financial operations during this transition period.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all required details as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. The disclosure has also been hosted on the company's website at www.singerindia.com for public access and transparency.