Gujarat Craft Industries Ltd has disclosed the execution of an addendum to its Shareholder Voting Authorization Agreement under Regulation 30 of SEBI (LODR) Regulations, 2015. The addendum was executed on 29th January, 2026, modifying the original agreement dated 22nd November, 2025.

Agreement Parties and Structure

The addendum involves key promoters of the company who are parties to the original shareholder voting agreement. The agreement structure includes specific shareholding patterns and party designations.

Purpose and Scope of Amendment

The addendum serves to strengthen the original agreement by incorporating additional protections and formally including the company as a party. The modification addresses specific banking relationship requirements and enhances the agreement's comprehensive coverage.

The primary purpose of the addendum is to include and amend clauses relating to protection of lender bank SBI's rights. Additionally, the amendment formally adds Gujarat Craft Industries Limited as a party to the original agreement in the capacity of a confirming party, which was not the case in the initial agreement structure.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under SEBI regulations by providing comprehensive details of the agreement modification. The disclosure follows the prescribed format under Regulation 30(3) read with Clause 5 of Para B of Part A of Schedule III of SEBI (LODR) Regulations, 2015.

Corporate Governance Impact

The addendum represents a structured approach to shareholder agreements within the promoter group while ensuring compliance with regulatory requirements. Both parties to the agreement are promoters of the company, maintaining the internal nature of the voting authorization arrangement.

The modification does not create any special rights such as director appointment rights, first right to share subscription, or rights to restrict capital structure changes. The agreement remains focused on its core purpose of shareholder voting coordination while now providing additional protections for the lender bank's interests.

Gujarat Craft Industries Limited has announced the appointment of Ms. Priti Choudhary as Company Secretary and Compliance Officer, effective January 1, 2026. The decision was approved by the Board of Directors during their meeting held on January 1, 2026, which commenced at 4:00 p.m. and concluded at 5:00 p.m.

Board Meeting Outcome

The Board of Directors considered and approved the appointment under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting outcome was formally communicated to BSE Limited under company code 526965, with the notification signed by Rishab Chhajer, Chairman & Managing Director.

Professional Qualifications

Ms. Priti Choudhary brings relevant expertise to her new role at Gujarat Craft Industries Limited. She is a Commerce Graduate and holds the qualification of Company Secretary. As an Associate Member of the Institute of Company Secretaries of India (ICSI), she possesses experience in secretarial and legal compliances, which aligns with the requirements of her new position.

Corporate Governance Enhancement

The appointment represents a strategic move to strengthen the company's compliance framework. Ms. Choudhary is not related to any Director or existing Key Managerial Personnel of the company, ensuring independence in her role. Her appointment as Company Secretary and Compliance Officer will help the company maintain adherence to regulatory requirements and corporate governance standards.

Company Information

Gujarat Craft Industries Limited, incorporated with CIN L25111GJ1984PLC007130, operates from its head office and works located at 431, Santej-Vadsar Road, Santej, Gandhinagar, Gujarat. The company also maintains an office in Ahmedabad and is an ISO-9001 certified organization. The appointment follows proper regulatory disclosure requirements under the listing regulations.