Pulsar International Limited has announced a key board change with the resignation of one of its independent directors due to personal reasons.

Director Resignation Details

Mr. Kaushik Kiritkumar Modi (DIN: 09462028) has resigned from his position as Additional (Non-Executive) Independent Director of Pulsar International Limited, effective from the close of business hours on December 18, 2025. The resignation was communicated through a formal letter dated December 18, 2025, citing personal reasons for his departure.

The key details of the resignation are presented below:

Regulatory Compliance and Confirmation

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to BSE Limited, where the company's shares are listed under scrip code 512591.

As required under Regulation 30 read with Schedule III, Para A, Clause (7B) of SEBI (LODR) Regulations, 2015, the company has received confirmation from Mr. Modi through his letter dated December 18, 2025, stating that there are no material reasons for resignation other than those mentioned in his resignation letter.

Resignation and Confirmation Letters

In his resignation letter addressed to the Board of Directors, Mr. Modi expressed gratitude to the management and staff for their support and assistance during his tenure. He wished the organization and his colleagues a bright and prosperous future. The resignation letter was submitted from his Ahmedabad address.

Additionally, Mr. Modi provided a separate confirmation letter as required by SEBI regulations, explicitly stating that there are no other material reasons for his resignation beyond those stated in his original resignation letter. This confirmation enables the company to make appropriate disclosures to stock exchanges and other regulatory authorities.

Corporate Governance Impact

The resignation represents a change in the company's board composition, specifically affecting the independent director structure. The company has indicated that necessary intimations will be made to the Registrar of Companies and other relevant authorities as required under corporate governance norms.

Pulsar International Limited, incorporated in Gujarat with CIN L46209GJ1990PLC152223, continues its operations from its facility at Vibrant Mega Industrial Park in Ahmedabad. The board change comes as part of the normal course of corporate governance transitions.

Pulsar International Limited announced the appointment of Mr. Bikash Tarafdar as Additional Non-Executive Independent Director, effective December 19, 2025. The appointment was approved by the Board of Directors during their meeting held on December 19, 2025, pursuant to the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The key details of Mr. Tarafdar's appointment are outlined below:

Professional Background

Mr. Bikash Tarafdar is a CA Inter Master Graduate with 13 years of comprehensive experience in Finance and Accounts. His expertise encompasses several key areas of financial management:

• Financial reporting and analysis
• Budgeting and forecasting
• Development and implementation of financial plans
• Strategic financial advisory services

Regulatory Compliance

The company confirmed that Mr. Tarafdar is not debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other regulatory authority. Additionally, he is not related to any existing directors of the company and does not hold any shares in Pulsar International Limited.

Corporate Governance

This appointment strengthens the company's board composition with an experienced finance professional who can provide independent oversight and strategic guidance. The appointment aligns with regulatory requirements for independent directors under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The appointment is subject to approval by the company's shareholders and will be presented at the next general meeting for ratification.