Titan Company Limited has announced a significant board appointment, bringing aboard banking veteran Mr. Srinivasan Varadarajan as an Additional Non-Executive Independent Director. The appointment, effective April 1, 2026, represents a strategic move to strengthen the company's governance structure with seasoned financial expertise.

Board Appointment Details

The Board of Directors unanimously approved Mr. Varadarajan's appointment based on the recommendation of the Board Nomination and Remuneration Committee. The appointment details are structured as follows:

Professional Background and Expertise

Mr. Srinivasan Varadarajan brings over three decades of distinguished experience in financial services to Titan's board. His career trajectory showcases expertise across multiple banking domains including commercial banking, investment banking, international banking, treasury, and global markets.

Most recently, Mr. Varadarajan served as the Non-Executive Chairman of Union Bank of India. Prior to this role, he held the position of Deputy Managing Director at Axis Bank, where he began as Executive Director - Corporate Banking in 2009 before his elevation in October 2015. During his tenure at Axis Bank, he served as Chairman of several subsidiaries, contributing significantly to their business growth.

Before joining Axis Bank, Mr. Varadarajan was Managing Director and Head of Markets with J.P. Morgan India, where he also served as CEO of J P Morgan Chase Bank in India. His career foundation was built during a decade-long stint with the ICICI Group before his transition to JPM.

Educational Qualifications and Current Roles

Mr. Varadarajan holds strong academic credentials with an engineering degree from the College of Engineering, Anna University, Chennai, and an MBA from IIM Calcutta. His current professional engagements include:

• Independent Director of India Debt Resolution Company Limited
• Chairman and Public Interest Director of AMC Repo Clearing Corporation Ltd
• Independent Director of Institutional Investors Advisory Services Ltd (IiAS)
• Member of the SEBI AIF committee
• Expert panel member for a large alternate asset Credit AIF

Regulatory and Industry Contributions

Throughout his career, Mr. Varadarajan has made significant contributions to the financial sector's regulatory framework. He has served on several RBI Committees and was appointed as an Advisor for the insolvency resolution of Reliance Capital Limited by RBI. His leadership roles have included Chairman positions at the Fixed Income Money Market and Derivatives Association (FIMMDA) and the Primary Dealers Association of India (PDAI).

Independence and Compliance

The appointment adheres to all regulatory requirements, with Mr. Varadarajan confirmed as not being related to any Director, Key Managerial Personnel, or Promoters of the Company. Additionally, he is not debarred from accessing capital markets and is not restrained from holding director positions in listed companies by any regulatory authority including SEBI.

This strategic appointment reflects Titan's commitment to strengthening its board with experienced professionals who bring valuable expertise in financial services and regulatory matters, positioning the company for continued growth and enhanced governance standards.

Titan Company Limited has announced a significant leadership transition in its senior management team, with the appointment of Ms. Ruma Kishore as Chief Digital & Information Officer (CDIO) effective July 1, 2026. The announcement was made through a regulatory filing dated March 25, 2026, under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Leadership Transition Details

The Board of Directors, acting on the recommendation of the Board Nomination and Remuneration Committee, unanimously approved Ms. Kishore's appointment to the senior management position. This transition coincides with the superannuation of the current CDIO, Mr. Krishnan Venkateswaran, who will cease his services with the company on the same date.

New CDIO Profile and Expertise

Ms. Ruma Kishore brings extensive experience to her new role, with over 28 years of international experience in integrating business strategy and technology for global organizations. Her professional background includes:

• Successfully leading award-winning digital transformations
• Optimizing worldwide operations and delivering measurable outcomes
• Recognition as India's top woman IT leader by the Economic Times and Indian Express
• Distinguished as the first female recipient of IIM Mumbai's Distinguished Alumna award

Current Roles and Contributions

Beyond her corporate achievements, Ms. Kishore maintains active involvement in educational and advisory capacities. She currently serves on the Board of Governors at IIM Mumbai and provides mentorship at the Indian School of Business. Additionally, she has contributed her expertise to the All-India Council for Technical Education committee.

Regulatory Compliance

The company has fulfilled all regulatory requirements for this senior management change, providing detailed disclosures as mandated under SEBI LODR regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026. The intimation has been made available on the company's website at www.titancompany.in , ensuring transparency for all stakeholders.

This leadership transition represents Titan Company's continued focus on strengthening its digital capabilities and technological advancement under experienced leadership.