Transindia Real Estate Limited has announced the appointment of Prof. Mahendra Kumar Chouhan as Additional, Non-Executive, Independent Director, marking a significant addition to its board leadership. The appointment was approved by the Board of Directors through a resolution passed by circulation on March 27, 2026.

Board Appointment Details

The appointment follows the recommendation of the Nomination and Remuneration Committee and is made pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Professional Background

Prof. Mahendra Kumar Chouhan brings a distinguished career spanning three key sectors: business and industry, academia, and international consulting. His extensive experience positions him as a thought leader in corporate governance, business ethics, leadership, and sustainability.

Corporate Experience

In the corporate sector, Prof. Chouhan served as the Founding Chairman of Fino Payments Bank and continues to serve as an Independent Director on boards of various listed and unlisted companies across diverse sectors, including:

• Financial services
• Housing and education finance
• Pharmaceuticals
• Manufacturing
• B2B marketplaces and exhibitions

Academic Credentials

Prof. Chouhan has held prestigious teaching and research positions, including Distinguished Professor - Executive Education at IIM Mumbai. He currently teaches Business Ethics, Corporate Governance, and Sustainability at Jamnalal Bajaj Institute of Management Studies. His academic affiliations also include visiting faculty roles at IIT Bombay and Tilburg University, Netherlands.

International Consulting and Leadership Roles

Prof. Chouhan worked for over six years with the International Finance Corporation (IFC) - World Bank Group and currently leads Mahendra & Ardneham Consulting (P) Ltd, a specialized board advisory firm focused on embedding sustainability into corporate strategy.

His current leadership positions include:

• Chairman of Mahendra & Young Knowledge Foundation
• Vice Chairman of Global Advisory Board at the Asian Centre for Corporate Governance & Sustainability
• Elected Vice President of the IMC Chamber of Commerce & Industry for F.Y.2025–26
• Former President of the Bombay Management Association

Regulatory Compliance

The company has confirmed that Prof. Chouhan is not related to any existing Director of the Company and is not debarred from holding the office of Director by virtue of any SEBI order or order of any other authority. The appointment information will be made available on the company's website at www.transindia.co.in as per Regulation 46 of SEBI Listing Regulations.

Transindia Real Estate Limited has announced that its wholly owned subsidiary has decided not to proceed with a previously proposed private placement of equity shares. The update was communicated to both BSE and NSE on March 06, 2026, through a regulatory filing under Regulation 30.

Subsidiary's Private Placement Status

Allcargo Group Services Private Limited (AGSPL), formerly known as Allcargo Warehousing Management Private Limited, has halted its proposed private placement of equity shares. The subsidiary had initially planned the preferential issue following an intimation dated January 30, 2026.

Reason for Postponement

The company stated that AGSPL has not proceeded with the issuance of equity shares by way of private placement as the agenda matter is currently under further consideration by the proposed allottees. This indicates that the potential investors are still evaluating the investment proposal.

Current Corporate Structure

Despite the postponement of the private placement, AGSPL continues to remain a wholly owned subsidiary of Transindia Real Estate Limited. The parent company has assured that it will duly inform stakeholders of any reconsideration of the private placement issue by AGSPL.

Regulatory Compliance

The announcement was signed by Khushboo Mishra, Company Secretary & Compliance Officer of Transindia Real Estate Limited, and was digitally signed on March 06, 2026. The company has requested both stock exchanges to take the information on record, maintaining transparency with regulatory authorities and investors.