Deccan health care Limited has announced the immediate resignation of its Company Secretary and Compliance Officer, Mr. Ronak Darji, effective from the close of business hours on December 01, 2025. The company communicated this development to BSE Limited on December 03, 2025, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Transition Details

Following Darji's departure, the company has appointed Ms. Mohita Gupta, Chief Operating Officer (COO), as the designated compliance officer. The transition was formalized through official communication to the stock exchange, ensuring regulatory compliance requirements are maintained.

Resignation Circumstances

According to Darji's resignation letter dated December 01, 2025, he cited financial hardship due to pending salary payments as the primary reason for his immediate departure. He specifically mentioned that his salary for October 2025 remained unpaid, and November 2025 salary had become due. Under the terms of his appointment, he was permitted to terminate employment by paying salary in lieu of the notice period.

Company's Response and Concerns

The company's management, through COO Mohita Gupta, expressed concerns about the abrupt nature of the resignation and highlighted several operational issues. The response letter detailed specific concerns about Darji's recent performance and compliance matters.

Performance and Compliance Issues Identified

The company's response outlined several areas of concern during Darji's tenure:

• Delays in statutory filings and incomplete compliance submissions
• Missed deadlines and lack of responsiveness on regulatory matters
• Inconsistencies and overall delays in meeting statutory deadlines
• Pending compliance irregularities that required attention

Resignation Acceptance Terms

The company accepted Darji's resignation with immediate effect, subject to specific conditions outlined in their response. These conditions ensure proper transition and regulatory compliance.

Regulatory Compliance and Accountability

The company emphasized that as Key Managerial Personnel (KMP) under Section 203 of the Companies Act, 2013, Darji remains accountable for any compliance irregularities identified during his service period. This statutory designation ensures continuing responsibility for any issues arising from his tenure, including potential fines and penalties.

Corporate Information

Deccan Health Care Limited operates from its registered office in Hyderabad, Telangana, with an innovation hub and manufacturing facility in Uttarakhand. The company specializes in healthcare solutions and maintains its listing on BSE Limited under stock code 542248. The organization continues its operations under the leadership of the existing management team while ensuring regulatory compliance through the newly designated compliance officer.

Deccan Health Care Limited has announced significant changes to its board composition and leadership structure. The company held a board meeting on December 11, 2025, resulting in key appointments and organizational updates.

Board Appointments

The board has approved the appointment of two new Independent Directors based on recommendations from the Nomination and Remuneration Committee:

Samhitha Kandalkunta - Reappointment

Samhitha Kandalkunta, who previously served as an Independent Director, has been reappointed to the board. Her qualifications include an MBA in Finance and a PG Diploma in Alternative Dispute Resolution from NALSAR University of Law and ICADR, India. She has also completed a Masters in Law of Financial Services and Capital Markets, bringing over 8 years of working experience in the field.

Karishma D. Patel - New Appointment

Karishma D. Patel joins the board with strong technical credentials, holding an M.Sc. in Information Technology and a B.C.A. She brings over a decade of experience in software development, database management, and IT administration. Her technical expertise spans ASP.NET, Core Java, HTML, SQL Server, Oracle, and associated tools, with hands-on experience in developing systems such as ERP and Recruitment Processing Systems.

Leadership Transition Updates

The company has provided updates on its earlier announced leadership changes:

The company is currently awaiting formal handover of charges and records from the outgoing officer. Mohita Gupta has been authorized to discharge compliance-related responsibilities until a new Company Secretary is appointed.

Financial Position

Based on the most recent balance sheet data, the company shows steady growth:

The board meeting, conducted through video conferencing, commenced at 5:00 PM and concluded at 5:20 PM on December 11, 2025. These appointments are subject to approval by members at the ensuing general meeting, and both directors are liable for retirement by rotation as per company regulations.