Crest Ventures Limited has announced the appointment of Mr. Rajeev Sharma as Additional Director (Non-Executive, Non-Independent) on its Board of Directors, effective January 07, 2026. The appointment has received prior approval from the Reserve Bank of India through its letter dated December 26, 2025.

Board Appointment Details

The Board of Directors, acting on the recommendation of the Nomination and Remuneration Committee, approved Mr. Sharma's appointment through a circular resolution. The appointment is for a term of five consecutive years commencing from January 07, 2026, subject to approval by the company's shareholders.

Professional Background

Mr. Rajeev Sharma brings extensive qualifications and experience to the Board. He holds multiple professional certifications including Chartered Accountant, Company Secretary, Cost & Works Accountant, and is a Post Graduate in Law. Additionally, he is a Certified Information System Auditor and Certified Fraud Examiner.

With over 35 years of experience in the consulting, IT and outsourcing industry, Mr. Sharma has been involved in large IT projects and possesses deep domain knowledge. He serves as the promoter of Osource Global, a leading provider of B2B SaaS, outsourcing and technology solutions.

Recognition and Awards

Mr. Sharma has received notable industry recognition for his contributions:

• '30 Most Talented Leaders (Outsourcing Industry)' by Asia BPO Summit 2013-14
• 'Excellence & Leadership in Outsourcing' by Asia BPO Summit 2014-15

Regulatory Compliance

The appointment complies with Regulation 30 and other applicable regulations under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that Mr. Sharma is not related to any other Director of the company and is not debarred from holding the office of Director by virtue of any SEBI Order or other authority.

The appointment reflects the company's commitment to strengthening its Board with experienced professionals who can contribute to its strategic direction and governance framework.

Crest Ventures Limited , a prominent player in the financial services sector, has initiated a postal ballot process to seek shareholder approval for the appointment of Jagdish Mohan Kirpalani as Independent Director. The company announced the postal ballot notice under Regulation 30, with e-voting scheduled from December 31, 2025, to January 29, 2026.

Postal Ballot Process Details

The company has engaged National Securities Depository Limited (NSDL) to provide remote e-voting facility to all shareholders. The postal ballot notice, dated December 18, 2025, has been dispatched electronically to shareholders whose email addresses are registered with the company.

Director Appointment Details

The postal ballot seeks shareholder approval through a special resolution for the appointment of Jagdish Mohan Kirpalani as Non-Executive, Independent Director. The appointment was initially approved by the board on October 30, 2025, following recommendation from the Nomination and Remuneration Committee.

Professional Background and Expertise

Kirpalani brings nearly four decades of leadership experience across India and international markets. His expertise spans private banking, wealth management, operational transformation, and governance. He holds a Certified Associate degree from the Indian Institute of Bankers and a Bachelor's degree in Commerce from the University of Mumbai.

Throughout his career, Kirpalani has held senior roles at prestigious financial institutions including Standard Chartered Bank, Barclays Bank, Societe Generale, and ING Bank. He has successfully led large-scale business integrations, technology transformations, and financial transitions while embedding strong risk, compliance, and governance frameworks.

Scrutinizer and Compliance

The company has appointed M/s. Rathi & Associates, Practicing Company Secretaries, Mumbai (Unique Identification No. P1988MH011900, Peer Review No. 6391/2025), as the scrutinizer to oversee the e-voting process in a fair and transparent manner.

Shareholder Information

Voting rights will be determined based on the paid-up value of shares registered in shareholders' names as on the cut-off date of December 19, 2025. The postal ballot notice is available on the company's website at www.crest.in , stock exchange websites, and NSDL's e-voting portal at www.evoting.nsdl.com .

Institutional and corporate shareholders are required to send authorization documents to the scrutinizer by January 29, 2026, at 5:00 PM IST. The resolution, if approved, will be deemed passed on the last date of e-voting, January 29, 2026.