Deep Diamond India Limited board of directors approved significant corporate restructuring proposals during their meeting. The board session addressed key strategic changes that will require shareholder approval through a postal ballot process.

Name Change Proposal

The board approved a proposal to change the company's name from Deep Diamond India Limited to either Deep Health India Limited or Deep Health AI India Limited. The final name selection will depend on approval from the Registrar of Companies, following clearance from the Central Registration Centre (CRC) of the Ministry of Corporate Affairs (MCA) and other relevant regulatory authorities.

The name change will necessitate consequent alterations to the relevant clauses of the company's Memorandum of Association and Articles of Association, subject to member approval.

Postal Ballot Process

The board considered and approved a draft postal ballot notice to seek shareholder approval for the name change proposal. The postal ballot will include the agenda for the name change, ensuring proper corporate governance procedures are followed for this significant corporate decision.

These developments indicate the company's strategic pivot, potentially moving from its traditional diamond and gems business focus toward health-related sectors, as suggested by the proposed new company names. The successful implementation of these changes will depend on obtaining the necessary regulatory clearances and shareholder approvals through the upcoming postal ballot process.

Deep Diamond India Limited has announced a significant change in its board composition. Mr. Narendra Kumar Shrimali, serving as a Non-Executive Director, has tendered his resignation from the company's board.

Key Details of the Resignation

• Director: Mr. Narendra Kumar Shrimali (DIN: 09034181)
• Position: Non-Executive Director
• Resignation Date: November 17, 2025
• Effective Date: Close of business hours on November 24, 2025
• Reason: Personal commitments

Impact on Company Structure

The resignation of Mr. Shrimali will affect the board composition of Deep Diamond India Limited. The company is required to update its statutory records with the Registrar of Companies to reflect this change in directorship.

Regulatory Compliance

In adherence to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Deep Diamond India Limited has promptly informed the BSE Limited about this development. The company has provided the necessary details as required under the regulations.

Management Statement

Mr. Narayan Singh Rathore, Managing Director of Deep Diamond India Limited, signed the official intimation to the stock exchange. The company acknowledged Mr. Shrimali's contribution and has initiated the process to update relevant records.

About Deep Diamond India Limited

Deep Diamond India Limited is a company registered under CIN: L24100MH1994PLC082609. The company's registered office is located in Mumbai, Maharashtra, with a corporate office in Udaipur, Rajasthan.

This corporate action highlights the importance of transparency in board-level changes for listed companies and their commitment to keeping shareholders and the market informed of significant developments.