Techindia Nirman Limited has announced the cessation of two Independent Directors following the natural completion of their first terms. The disclosure, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was submitted on March 21, 2026, with the company noting a delay due to Corporate Insolvency Resolution Process (CIRP) proceedings during the cessation period.

Director Cessation Details

The company disclosed that both directors completed their full first terms as Independent Directors before stepping down from their positions.

Board Committee Changes

The cessation of both directors resulted in changes to the composition of various board committees. Mr. Vadla Nagabhushanam's departure had a more significant impact on committee structures, as he served on multiple committees.

Mr. Vadla Nagabhushanam ceased to be member of:

• Audit Committee
• Stakeholders Relationship Committee
• Nomination and Remuneration Committee

Mr. Madhukar Dhondiraj Deshpande ceased to be member of:

• Nomination and Remuneration Committee

Company Acknowledgment

The Board of Directors and Management of Techindia Nirman Limited placed on record their deep appreciation for the invaluable contributions, guidance, and services rendered by both Mr. Vadla Nagabhushanam and Mr. Madhukar Dhondiraj Deshpande during their respective tenures as Independent Directors.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, with detailed information provided as prescribed under Clause 7 of Para A of Part A of Schedule III. The company noted that the submission was delayed due to CIRP proceedings that were ongoing during the cessation period. Both directors had completed their full first terms as Independent Directors before their cessation, representing a natural conclusion to their initial appointments with the company.