Ajwa Fun World & Resort Ltd. has announced the appointment of Mr. Santukumar Pranlal Lalani as Additional Director (Non-Executive Independent) effective January 12, 2026. The decision was made during the board meeting held on January 12, 2026, following the recommendation of the company's Nomination and Remuneration Committee.

Appointment Details

The company has provided comprehensive details regarding the new appointment in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Profile and Experience

Mr. Santukumar Pranlal Lalani brings valuable expertise to the board with his vast experience in the entertainment sector. This background aligns well with Ajwa Fun World & Resort's business operations in the leisure and entertainment industry.

Independence and Board Composition

The company has confirmed that Mr. Lalani maintains complete independence from existing board members. Key independence factors include:

• No relationships with current directors on the company's board
• No directorships in other listed entities
• Meets all criteria for independent director status under applicable regulations

Regulatory Compliance

The appointment follows proper corporate governance procedures and regulatory requirements. The company has fulfilled its disclosure obligations under SEBI regulations by providing detailed information about the appointee's background and qualifications.

Mr. Lalani's appointment strengthens the board's independent oversight capabilities and brings additional industry expertise to guide the company's strategic direction in the entertainment and resort sector.

Ajwa Fun World & Resort Ltd has announced the sad demise of Mr. Arvind Manubhai Vakil, Independent Director of the company, who passed away on September 21, 2025. The company received intimation about his death from family members on December 13, 2025, and has informed BSE Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Details and Disclosure

The company has provided the following details regarding the demise in its regulatory filing:

Company's Tribute

In its communication to BSE, Ajwa Fun World & Resort Ltd acknowledged Mr. Vakil's significant contribution to the company. The company stated that his long association and vision leadership during his tenure on the Board immensely benefited the organization. His sudden and unexpected passing away has been described as an irreparable loss to the company.

Condolences and Compliance

All directors and employees of the company have conveyed deep sympathy, sorrow, and condolences to Mr. Vakil's family. The company secretary and compliance officer, Kosha Anilbhai Shah, signed the regulatory filing submitted to BSE.

The disclosure confirms that Mr. Vakil did not hold any directorships in other listed entities at the time of his demise. Ajwa Fun World & Resort Ltd has fulfilled its regulatory obligations by providing the required disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.