Tata Capital Limited's Board of Directors, acting on the recommendation of the Nomination and Remuneration Committee, has designated three officials of the Company as Senior Management Personnel with effect from May 11, 2026. The decision was announced on May 9, 2026, and disclosed to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Newly Designated Senior Management Personnel

The following officials have been designated as Senior Management Personnel of the Company:

Profiles of Designated Personnel

Mr. Sandeep Suhasaria

Mr. Sandeep Suhasaria is a senior banking and financial services professional with over 20 years of experience across corporate lending, structured finance, syndication, capital market financing, and retail loan against securities lending business. In his role as Chief Business Officer – Syndication, Structured Finance and Large Corporate at Tata Capital Limited, he oversees the Corporate Lending business of the Company. His areas of expertise include managing multiple business verticals such as Large Corporates (customer vertical), Structured Finance (product), Syndication (product), and Retail Loan against Securities (customer vertical). Prior to joining Tata Capital, he has worked with Citigroup and Dun & Bradstreet. He is a qualified Chartered Accountant and Chartered Financial Analyst (United States).

Mr. Mayank Bhandari

Mr. Mayank Bhandari is a seasoned financial services leader with over 18 years of experience in corporate lending business across large corporate, mid-market enterprises, emerging corporates, supply chain finance, and ecosystem financing. Serving as Chief Business Officer – Mid and Emerging Corporate Business, he has a proven track record of scaling profitable lending portfolios, strengthening governance frameworks, building high-performing teams, and creating long-term value across market cycles. Prior to Tata Capital, he has worked with Tata Motors Finance Limited. He holds a Master's degree in Business Administration in Marketing & Finance and a Bachelor's degree in Engineering.

Mr. Mitheel Mody

Mr. Mitheel Mody is a senior cleantech and infrastructure finance professional with over 24 years of experience in project and corporate finance across Financial Institutions, Investment Banking, and Corporates. He was one of the early members of erstwhile Tata Cleantech Capital (TCCL), which merged with Tata Capital Limited, and was initially responsible for setting up the Syndication & other infrastructure vertical in TCCL. In his current role as Business Head – Cleantech Finance at Tata Capital Limited, he has played a key role in the growth of the Cleantech, Infrastructure, and Transition Finance business. His expertise spans deal origination, structuring, syndication, and mergers and acquisitions, with in-depth sector understanding across renewables and select infrastructure space. Prior to Tata Capital, he has worked with Essel Infra Limited, SBI Capital Markets Limited, and Essar Power. He is a qualified Chartered Accountant and holds a Master's degree in Business Administration and a Bachelor of Laws (LLB).

Regulatory Disclosure

The disclosure was made by Sarita Kamath, Chief Legal and Compliance Officer & Company Secretary of Tata Capital Limited, in compliance with Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 (updated as on January 30, 2026). The effective date of designation for all three officials is May 11, 2026.

Tata Capital Limited has formally disclosed the resignation of Mr. Manish Chourasia, Chief Operating Officer – Corporate and Cleantech Finance, a Senior Management Personnel of the company. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was filed with both BSE Limited and the National Stock Exchange of India Ltd. on May 6, 2026. Mr. Chourasia will be relieved from the services of the company effective from the close of working hours on May 11, 2026.

Resignation Details

The key particulars of the resignation, as disclosed under Regulation 30 of the SEBI Listing Regulations, are summarised below:

Background and Tenure

In his resignation letter addressed to Rajiv Sabharwal, Mr. Chourasia outlined his professional journey with the organisation. He joined Tata Capital on July 15, 2015, in the capacity of Managing Director of Tata Cleantech Capital Limited. Following a subsequent merger, he assumed the role of Chief Operating Officer – Corporate and Cleantech Finance from January 1, 2024. Mr. Chourasia expressed gratitude for the opportunities and support extended to him during his tenure and affirmed his commitment to ensuring a smooth and thorough handover of all responsibilities prior to his departure.

Regulatory Compliance

The disclosure was signed by Sarita Kamath, Chief Legal and Compliance Officer & Company Secretary of Tata Capital Limited, and was filed in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated July 11, 2023, as amended from time to time. The company has enclosed the requisite annexures, including a copy of Mr. Chourasia's resignation letter, as part of the regulatory filing.