Addi Industries Limited has appointed Ms. Astha Rastogi as Company Secretary and Compliance Officer, effective January 20, 2026. The appointment was approved by the Board of Directors during their meeting held on January 20, 2026, following recommendations from the Nomination and Remuneration Committee.

Board Meeting Details

The Board of Directors meeting commenced at 4:30 PM IST and concluded at 5:00 PM IST on January 20, 2026. The primary agenda item was the appointment of a new Company Secretary to fill the position vacated by Ms. Taranjeet Kaur, who resigned from the company on December 24, 2025.

New Appointee Profile

Ms. Astha Rastogi brings substantial experience to her new role as Company Secretary and Compliance Officer. She has over three years of experience in the company secretarial field and has successfully handled compliance matters for more than 150 companies across various categories including private, public, group, One Person Company (OPC), Limited Liability Partnership (LLP), and producer companies.

Professional Expertise

Ms. Rastogi's professional expertise encompasses a wide range of corporate compliance areas. Her experience includes:

• ROC filings under Companies Act, 2013
• FEMA compliances including FCGPR and FLA
• Corporate incorporations and share capital matters
• Drafting of corporate documents
• XBRL filings and regulatory coordination
• Managing multiple assignments with focus on accuracy and timelines

Her educational qualifications include a Bachelor of Commerce (B.Com), Master of Commerce (M.Com), and Bachelor of Laws (LLB), providing her with a comprehensive understanding of business, legal, and technical aspects of corporate governance.

Regulatory Compliance

The appointment has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all required details as per SEBI circulars, including CIR/CFD/CMD/4/2015 dated September 9, 2015, and the Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Ms. Rastogi has formally consented to act as Company Secretary and Compliance Officer as well as Key Managerial Personnel, in accordance with Section 203 and 117 of the Companies Act, 2013, and related rules and regulations.

Addi Industries Limited has undergone significant organizational changes with a comprehensive board restructuring effective December 11, 2025, followed by additional key personnel resignations announced on December 24, 2025. The restructuring involves the appointment of four new directors and multiple resignations, including the Managing Director and Chief Financial Officer, marking a substantial transition in the company's leadership following a change in management control.

New Director Appointments

The Board of Directors approved several key appointments based on recommendations from the Nomination and Remuneration Committee. The new appointments reflect the company's strategic direction under new management.

All appointments are effective from December 11, 2025, with the Whole Time Director and Independent Director positions subject to member approval.

Leadership Resignations - December 11, 2025

Six key personnel submitted their resignations on December 11, 2025, citing the change in management and control as part of the Share Purchase and Transfer of Control Agreement dated May 20, 2025.

Executive Departures

Independent Director Resignations

Three Independent Directors also resigned as part of the management transition:

• Mr. Achal Kapoor (DIN: 09150394) - Former Audit Committee Chairperson
• Ms. Apra Sharma (DIN: 10149103) - Former Audit Committee Member
• Mr. Subrata Panda (DIN: 00428387) - Former Stakeholders Relationship Committee Chairperson

Additional Resignations - December 24, 2025

The company announced further resignations on December 24, 2025, affecting key operational positions. These resignations were formally communicated through resignation letters submitted to the Board of Directors and reported under Regulation 30 of SEBI (LODR) Regulations, 2015.

Board Committee Reconstitution

Following the leadership changes, the company reconstituted its key board committees effective from the conclusion of the December 11, 2025 board meeting.

Audit Committee

Nomination and Remuneration Committee

Stakeholder Committee

Regulatory Compliance and Documentation

The December 24, 2025 resignations were formally documented through individual resignation letters. Ms. Taranjeet Kaur, Company Secretary (Membership No. 8991), cited professional commitments in her resignation letter. Rajeev Shagan Gupta Co., Chartered Accountants (FRN: 018530N), and JVS and Associates, Company Secretaries, both cited pre-occupation with other assignments as their reason for resignation.

The regulatory intimation was signed by Director Mr. Rajat Goyal (DIN: 03543956) and submitted to BSE Limited in compliance with SEBI Listing Regulations. All resignations became effective immediately from December 24, 2025.

New Leadership Profiles

The incoming directors bring diverse expertise to the board. Mr. Sandeep Mittal is a qualified accounting and legal professional with over 20 years of experience in finance and investment management. Mr. Rajat Goyal, a distinguished Chartered Accountant with two decades of experience, holds certification as a Certified Internal Auditor from the Institute of Internal Auditors, Florida, USA, and has co-founded several companies within the Mufin Finance Group.

Ms. Preeti Jain, FCS, specializes in regulatory compliance with over 13 years of experience in legal and compliance matters. Mr. Jai Kishan, CS, FCS, M.Com, brings extensive experience in Company Law, Intellectual Property Rights, and regulatory compliance.

The board meeting for the initial restructuring commenced at 04:30 P.M. (IST) and concluded at 06:30 P.M. (IST) on December 11, 2025, with all resolutions passed in accordance with SEBI regulations and listing requirements.