Sundrop Brands Limited has announced changes in its senior management personnel, with the resignation of Ms. Hem Jadeja and the appointment of Mr. Rupish Saldi as Head – Strategy and Business Transformation. The changes were communicated to stock exchanges on December 30, 2025, in compliance with SEBI listing regulations.

Management Transition Details

Ms. Hem Jadeja, who served as Head – Strategy and Business Transformation, submitted her resignation to be effective from close of business hours on December 30, 2025. She had initially requested a relieving date closer to December 15, 2025, in her resignation email dated November 19, 2025, expressing her commitment to ensuring a smooth transition and handover of projects within her notice period.

The following table outlines the key transition details:

New Appointee Profile

Mr. Rupish Saldi has been appointed to fill the vacant position, taking charge from December 29, 2025. He will report directly to the Group Managing Director and will be classified as Senior Management Personnel under the SEBI listing regulations.

Mr. Saldi's professional qualifications and experience include:

• Educational Background: Chartered Financial Analyst (CFA) and MBA in Finance from LBSIM, Delhi
• Total Experience: Over 10 years across consulting and startup sectors
• Previous Role: Chief Business Officer (CBO) and VP Finance at MeraPashu360, a rural e-commerce startup
• Prior Experience: Worked with reputed organizations including KPMG, EY, and Steer Advisors

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both departing and incoming personnel are classified as Senior Management Personnel as per Regulation 16(1)(d) of the listing regulations. The announcement confirms that Mr. Saldi has no relationship with existing directors of the company.

Sundrop Brands Limited, formerly known as Agro Tech Foods Limited, operates with its registered office in Secunderabad, Telangana, and corporate office in Gurgaon, Haryana. The company maintains its commitment to transparent governance practices through timely disclosure of material changes in its management structure.

CAG-TECH(MAURITIUS)LIMITED, the promoter of Sundrop Brands Limited (formerly known as AgroTech Foods Limited), has disclosed the creation of encumbrance on its shareholding under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Encumbrance Details

The Mauritius-based promoter entity has executed a non-disposal undertaking in favor of Catalyst Trustee Limited, an onshore security trustee, covering a significant portion of its shareholding in Sundrop Brands Limited.

Lender Entities

The non-disposal undertaking has been created for the benefit of two specific lender entities:

• OCA Fund III Pte. Ltd.
• OCA Fund III(B) Pte. Ltd.

Both entities are represented through the onshore security trustee arrangement with Catalyst Trustee Limited.

Regulatory Compliance

The disclosure represents 100% of the issued and outstanding shares of Sundrop Brands Limited held by the promoter and promoter group entities. CAG-TECH(MAURITIUS)LIMITED confirmed that the disclosure was made within the prescribed timeline under SEBI (SAST) Regulations, 2011.

The formal disclosure was submitted to BSE Limited, National Stock Exchange of India Limited, and the company secretary of Sundrop Brands Limited on December 23, 2025, by Faatimah Khodadeen, Director of CAG-TECH(MAURITIUS)LIMITED, from Mauritius.

Corporate Background

Sundrop Brands Limited, formerly known as AgroTech Foods Limited, operates under Corporate Identity Number L15142TG1986PLC006957. The encumbrance creation follows standard corporate financing arrangements where promoter shareholdings are pledged as security for lending arrangements.