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.

Sundrop Brands Limited has disclosed that its promoter entity CAG-Tech (Mauritius) Limited has acquired additional shares, increasing its total shareholding to 38.91%. The acquisition was completed through an off-market transaction on December 23, with regulatory disclosure filed on December 24.

Share Acquisition Details

CAG-Tech (Mauritius) Limited acquired 1,881,073 equity shares representing 4.99% of the total share capital through off-market acquisition. The transaction was executed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Updated Shareholding Structure

Following the latest acquisition, CAG-Tech (Mauritius) Limited's total shareholding in Sundrop Brands Limited has increased significantly. The promoter entity now holds 14,666,522 shares, representing 38.91% of the total equity share capital with voting rights of 37.45%.

Company Structure and Compliance

The disclosure was made pursuant to regulatory requirements under SEBI takeover regulations. Sundrop Brands Limited, formerly known as Agro Tech Foods Limited, maintains its total equity share capital at 3,76,96,853 shares, while the total diluted share capital stands at 3,91,65,764 shares.

The company operates under Corporate Identity Number L15142TG1986PLC006957 and is listed on both National Stock Exchange of India Limited and BSE Limited. CAG-Tech (Mauritius) Limited is based at 6th Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauritius.