Transindia Real Estate Limited has announced the resignation of Mr. Vinit Prabhugaonkar from his position as Non-Executive, Independent Director, effective from the close of business hours on March 30, 2026. The company informed both BSE and NSE about this corporate governance change through a formal intimation dated March 31, 2026.

Resignation Details and Timeline

Mr. Prabhugaonkar, who holds Director Identification Number (DIN) 02196964, submitted his resignation citing pre-occupation and other commitments as the primary reasons for his departure. The resignation became effective from March 30, 2026, marking the end of his tenure as an Independent Director.

Committee Memberships and Additional Impact

Following his resignation from the board, Mr. Prabhugaonkar will also cease to be a member of all company committees. This change affects his participation in various board-level committees where he may have been serving in his capacity as an Independent Director.

The company has confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter. This disclosure aligns with the transparency requirements under SEBI regulations for listed companies.

Regulatory Compliance and Disclosures

Transindia Real Estate Limited has fulfilled its regulatory obligations by providing the required information pursuant to Regulation 30 of SEBI Listing Regulations. The company also referenced compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Director's Acknowledgment and Formal Process

In his resignation letter, Mr. Prabhugaonkar expressed gratitude to the Board of Directors for their support and cooperation during his tenure. He confirmed that there were no other material reasons beyond his stated pre-occupations and commitments for the resignation.

The resignation letter was formally received by the company on March 30, 2026, and the necessary steps for regulatory formalization have been initiated. Company Secretary and Compliance Officer Khushboo Mishra signed the official intimation to the stock exchanges, ensuring proper documentation and compliance with listing requirements.

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.