Interim report
Page 1
Date: November 05, 2026 To, BSE Limited, 20th Floor, P.J. Towers, Dalal Street, Mumbai - 400001. BSE Scrip Code: 544871 National Stock Exchange of India Limited, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 NSE Scrip Symbol: SHIPROCKET Subject : Outcome of the Board Meeting held on November 05, 2026 Dear Si r/ Madam, We wi sh to inform you that pursuant to Regulations 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) as amended, the Board of Directors of the Company (‘the Board’), at its Meeting held today, i.e., on Thursday, November 05, 2026, has inter-alia:- 1. Approved the Unaudited Financial Results (Standalone and Consolidated) along with the Limited Review Reports of the Company for the quarter and half year ended September 30, 2026, pursuant to regulation 33(3) of SEBI Listing Regulations. Copy of th e said results along with the Limited Review Reports issued by the Statutory Auditors of the Company are enclosed as ‘Annexure - A’ for your record. 2. Took note of the Monitoring Agency Report for the quarter ended September 30, 2026, issued by CARE Ratings Limited, the Monitoring Agency appointed to monitor the utilization of the proceeds of the Initial Public Offering (IPO) of the Company, in terms of Regulation 32(6) of the SEBI Listing Regulations, read with Regulation 41(4) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Copy of t he aforesaid Monitoring Agency Report is enclosed as ‘Annexure - B’ for your record. 3. Took not e of the r esignation tendered by Mr. Nikhil Kumar (Membership No. A48353) as the Company Secretary and Compliance officer of the Company vide his resignation letter dated October 28, 2026, which shall be effective from the close of business hours of November 05, 2026 for the reasons stated in the Resignation Letter. Detai ls under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III of the SEBI Listing Regulations and SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given in enclosed ‘Annexure - C’ for your record. 4. Approved the appointment of Mr. Anil Kumar (Membership Number F8023) as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company, with effect from November 06, 2026. Deta ils under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III of the SEBI Listing Regulations and SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given in enclosed ‘Annexure - D’ for your record. The Board meeting commenced at 10:20 A.M. IST and concluded at 11: 17 A.M. IST
Page 2
T his disclosure will also be hosted on the website of the Company at https://www.shiprocket.in/investor-relations/. P lease take the aforesaid information in your records. T hank you, F or Shiprocket Limited (Previously known as Shiprocket Private Limited Originally known as Bigfoot Retail Solutions Private Limited) N ikhil Kumar Company Secretary and Compliance Officer Pl ace: Gurugram
Page 3
Annexure-A
Page 17
CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 15 Park Street, Kolkata – 700016 Phone: +91-33-4018 1600/2283 1803 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 No. CARE/KRO/GEN/2026-27/1088 The Board of Directors Shiprocket Limited Plot No. B, Khasra No. 360, M.G. Road, Sultanpur, Gadaipur, Mehrauli, South Delhi, Delhi – 110030, India November 05, 2026 Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended September 30, 2026 - in relation to the Initial Public Offer (IPO) of Shiprocket Limited (“the Company”) We write in our capacity of Monitoring Agency for the IPO for the amount aggregating to Rs. 885.50 crore of the Company and refer to our duties cast under Regulation 41 of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended September 30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated August 03, 2026. Request you to kindly take the same on records. Thanking you, Yours faithfully, Richa Bagaria Associate Director Richa.bagaria@careedge.in Annexure-B
Page 18
CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 15 Park Street, Kolkata – 700016 Phone: +91-33-4018 1600/2283 1803 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Report of the Monitoring Agency Name of the issuer: Shiprocket Limited For quarter ended: September 30, 2026 Name of the Monitoring Agency: CARE Ratings Limited (a) Deviation from the objects: Nil (b) Range of Deviation: NA Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and it s affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit related analyses. We confirm that there is no conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Richa Bagaria Designation of Authorized person/Signing Authority: Associate Director
Page 19
CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 15 Park Street, Kolkata – 700016 Phone: +91-33-4018 1600/2283 1803 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 1) Issuer Details: Name of the issuer : Shiprocket Limited Name of the promoter : No identifiable promoters Industry/sector to which it belongs : Transport Services - Logistics Solution Provider 2) Issue Details Issue Period : Aug.12, 2026 to Aug.14, 2026 Type of issue (public/rights) : Public Type of specified securities : Equity Shares IPO Grading, if any : NA Issue size (in crore) : Rs. 885.50 crore 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Particulars Reply Source of information / certifications considered by Monitoring Agency for preparation of report Comments of the Monitoring Agency Comments of the Board of Directors Whether all utilization is as per the disclosures in the Offer Document? Yes Chartered Accountant certificate*, Bank Statements, Offer Document The company has utilized the proceeds towards the stated object. No comments Whether shareholder approval has been obtained in case of material deviations# from expenditures disclosed in the Offer Document? NA Chartered Accountant certificate*, Bank Statements, Offer Document Nil No comments Whether the means of finance for the disclosed objects of the issue have changed? No Chartered Accountant certificate*, Bank Statements, Offer Document Nil No comments Is there any major deviation observed over the earlier monitoring agency reports? NA This is the initial report. Nil No comments Whether all Government/statutory approvals related to the object(s) have been obtained? NA Chartered Accountant certificate*, Bank Statements, Offer Document Nil No comments Whether all arrangements pertaining to technical NA Chartered Accountant certificate*, Bank Nil No comments
Page 20
CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 15 Park Street, Kolkata – 700016 Phone: +91-33-4018 1600/2283 1803 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 #Where material deviation may be defined to mean: a) Deviation in the objects or purposes for which the funds have been raised b) Deviation in the amount of funds actually utilized by more than 10% of the amount projected in the offer documents. * Chartered Accountant certificate from ADMS & Co. (chartered accountants) dated October 30, 2026. 4) Details of objects to be monitored: (i) Cost of objects – Sr. No Item Head Source of information / certifications considered by Monitoring Agency for preparation of report Original cost (as per the Offer Document) in Rs. Crore Revised Cost in Rs. Crore Comments of the Monitorin g Agency Comments of the Board of Directors Reason for cost revision Proposed financing option Particulars of - firm arrangements made 1 Investment in the growth of Shiprocket’s platforms primarily for Emerging Business and for Core Business Chartered Accountant certificate*, Offer Document, and Management Undertaking 365.60 NA NA No comments No comments No comments a. Investment in marketing initiatives primarily for Emerging Business and for Core Business Chartered Accountant certificate*, Offer Document, and Management Undertaking 205.80 NA NA No comments No comments No comments Particulars Reply Source of information / certifications considered by Monitoring Agency for preparation of report Comments of the Monitoring Agency Comments of the Board of Directors assistance/collaboration are in operation? Statements, Offer Document Are there any favorable/unfavorable events affecting the viability of these object(s)? No Chartered Accountant certificate*, Bank Statements, Offer Document Nil No comments Is there any other relevant information that may materially affect the decision making of the investors? No Chartered Accountant certificate*, Bank Statements, Offer Document Nil No comments
Page 21
CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 15 Park Street, Kolkata – 700016 Phone: +91-33-4018 1600/2283 1803 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Sr. No Item Head Source of information / certifications considered by Monitoring Agency for preparation of report Original cost (as per the Offer Document) in Rs. Crore Revised Cost in Rs. Crore Comments of the Monitorin g Agency Comments of the Board of Directors Reason for cost revision Proposed financing option Particulars of - firm arrangements made b. Investment in technology infrastructure and capabilities primarily for Emerging Business and for Core Business Chartered Accountant certificate*, Offer Document, and Management Undertaking 159.80 NA NA No comments No comments No comments 2. Repayment / prepayment, in full or in part, of certain borrowings availed of by the Company including payment of the interest accrued thereon Chartered Accountant certificate*, Offer Document, and Management Undertaking 210.00 NA NA No comments No comments No comments 3. Funding inorganic growth through unidentified acquisitions and general corporate purposes Chartered Accountant certificate*, Offer Document, and Management Undertaking 249.40 NA NA No comments No comments No comments 4. Offer related expenses to the extent applicable to the Fresh Issue Chartered Accountant certificate*, Offer Document, and Management Undertaking 60.50 NA NA No comments No comments No comments Total 885.50 * Chartered Accountant certificate from ADMS & Co. (chartered accountants) dated October 30, 2026.
Page 22
CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 15 Park Street, Kolkata – 700016 Phone: +91-33-4018 1600/2283 1803 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 (ii) Progress in the objects – Sr. No Item Head Source of information / certifications considered by Monitoring Agency for preparation of report Amount as proposed in the Offer Document in Rs. Crore Amount utilised in Rs. Crore Total unutilised amount in Rs. crore Comments of the Monitoring Agency Comments of the Board of Directors As at beginning of the quarter in Rs. Crore During the quarter in Rs. Crore At the end of the quarter in Rs. Crore Reasons for idle funds Proposed course of action 1 Investment in the growth of Shiprocket’s platforms primarily for Emerging Business and for Core Business Chartered Accountant certificate*, Bank Statements and Management Undertaking 365.60 - - - 365.60 There has been no utilisation towards the said object during the quarter. No comments No comments a. Investment in marketing initiatives primarily for Emerging Business and for Core Business Chartered Accountant certificate*, Bank Statements and Management Undertaking 205.80 - - - 205.80 There has been no utilisation towards the said object during the quarter. No comments No comments b. Investment in technology infrastructure and capabilities primarily for Emerging Business and for Core Business Chartered Accountant certificate*, Bank Statements and Management Undertaking 159.80 - - - 159.80 There has been no utilisation towards the said object during the quarter. No comments No comments 2. Repayment / prepayment, in full or in part, of certain borrowings availed of by the Company including payment of interest accrued thereon Chartered Accountant certificate*, Bank Statements and Management Undertaking 210.00 - 210.00 210.00 - In Q2FY27, the company has utilized ₹210.00 crore towards part repayment of overdraft facility of ₹133.50 crore of HDFC bank and ₹76.50 crore of ICICI Bank which were outstanding on No comments No comments
Page 23
CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 15 Park Street, Kolkata – 700016 Phone: +91-33-4018 1600/2283 1803 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Sr. No Item Head Source of information / certifications considered by Monitoring Agency for preparation of report Amount as proposed in the Offer Document in Rs. Crore Amount utilised in Rs. Crore Total unutilised amount in Rs. crore Comments of the Monitoring Agency Comments of the Board of Directors As at beginning of the quarter in Rs. Crore During the quarter in Rs. Crore At the end of the quarter in Rs. Crore Reasons for idle funds Proposed course of action a standalone basis, as on March 31, 2026, as stated in the offer document. 3. Funding inorganic growth through unidentified acquisitions and general corporate purposes Chartered Accountant certificate*, Bank Statements and Management Undertaking 249.40 - 60.64 60.64 188.76 In Q2FY27, the company has utilised ₹60.64 crore towards vendor payments as a part of General corporate purposes. No comments No comments 4. Offer related expenses to the extent applicable to the Fresh Issue Chartered Accountant certificate*, Bank Statements and Management Undertaking 60.50 - - - 60.50 There has been no utilisation towards the issue expenses during the quarter. No comments No comments Total 885.50 - 270.64 270.64 614.86 * Chartered Accountant certificate from ADMS & Co. (chartered accountants) dated October 30, 2026. (iii) Deployment of unutilized proceeds: Sr. No. Type of instrument and name of the entity invested in Amount invested (In Rs crore) Maturity date Accrued Earning Return on Investment (%) Market Value (In Rs. crore) as at the end of quarter Amount Parked in Fixed Deposits 1 HDFC Bank 150.00 24-08-2027 1.05 6.75% 151.05
Page 24
CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 15 Park Street, Kolkata – 700016 Phone: +91-33-4018 1600/2283 1803 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Sr. No. Type of instrument and name of the entity invested in Amount invested (In Rs crore) Maturity date Accrued Earning Return on Investment (%) Market Value (In Rs. crore) as at the end of quarter 2 ICICI Bank 250.00 24-08-2027 1.76 6.75% 251.76 3 Yes Bank 50.00 29-10-2026 0.35 6.65% 50.35 4 Yes Bank 10.00 29-10-2026 0.07 6.65% 10.07 5 Yes Bank 35.00 27-11-2026 0.24 6.70% 35.24 6 Yes Bank 30.00 15-10-2026 0.19 6.10% 30.19 7 Axis Bank 25.00 25-08-2027 0.18 6.75% 25.18 Total (A) 550.00 3.84 553.84 8 ICICI Bank Monitoring Account (A/c No. 015505010120) (B) 3.38 9 ICICI Bank Public Issue Account (A/c No. 000405165720) (C) 61.74 Sub Total Unutilised proceeds (A+B+C) 615.12 Less: Interest Income on FD included in above Monitoring Account (ICICI Current A/c No. 015505010120) (D) 0.26 Total (A+B+C-D) 614.86
Page 25
CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 15 Park Street, Kolkata – 700016 Phone: +91-33-4018 1600/2283 1803 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 (iv) Delay in implementation of the object(s) – Objects Completion Date Delay (no. of days/ months) Comments of the Board of Directors As per the offer document Actual Reason for delay Proposed course of action Fiscal 2027 Fiscal 2028 Fiscal 2029 1. Investment in the growth of Shiprocket’s platforms primarily for Emerging Business and for Core Business 88.58 135.69 141.32 Ongoing NA No comments No comments a) investment in marketing initiatives primarily for Emerging Business and for Core Business 48.30 75.60 81.90 Ongoing NA No comments No comments b) investment in technology infrastructure and capabilities primarily for Emerging Business and for Core Business 40.28 60.09 59.42 Ongoing NA No comments No comments 2. Repayment / prepayment, in full or in part, of certain borrowings availed of by the Company including payment of the interest accrued thereon 210.00 - - Completed No Delay. No comments No comments 3. Funding inorganic growth through unidentified acquisitions and general corporate purposes 124.70 62.35 62.35 Ongoing NA No comments No comments 5) Details of utilization of proceeds stated as General Corporate Purpose (GCP) amount in the offer document: Sr. No Item Head^ Amount in Rs. Crore Source of information / certifications considered by Monitoring Agency for preparation of report Comments of Monitoring Agency Comments of the Board of Directors Vendor Payments: 1 Bluedart Express 40.84 Chartered Accountant certificate*, Bank Statements and Management Undertaking Nil No comments 2 Delhivery Limited 19.80 Chartered Accountant certificate*, Bank Statements and Management Undertaking Total 60.64 * Chartered Accountant certificate from ADMS & Co. (chartered accountants) dated October 30, 2026.
Page 26
CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 15 Park Street, Kolkata – 700016 Phone: +91-33-4018 1600/2283 1803 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Section from the offer document related to GCP:
Page 27
CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 15 Park Street, Kolkata – 700016 Phone: +91-33-4018 1600/2283 1803 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Disclaimers to MA report: a) This Report is prepared by CARE Ratings Ltd (hereinafter referred to as “Monitoring Agency/MA”). The MA has taken utmost care to ensure accuracy and objectivity while developing this Report based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. b) This Report has to be seen in its entirety; the selective review of portions of the Report may lead to inaccurate assessments. For the purpose of this Report, MA has relied upon the information provided by the management /officials/ consultants of the Issuer and third -party sources like peer reviewed audit firm appointed by the Issuer believed by it to be accurate and reliable. c) Nothing contained in this Report is capable or intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The MA is also not responsible for any erro rs in transmission and specifically states that it, or its directors, employees do not have any financial liabilities whatsoever to the users of this Report. d) The MA and its affiliates do not act as a fiduciary. The MA and its affiliates also do not act as an expert to the extent defined under Section 2(38) of the Companies Act, 2013. While the MA has obtained information from sources it believes to be reliable, it does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives from peer reviewed audit firm (or from peer reviewed CA firms), lawyers, chartered engineers or other experts, and relies on in its reports. e) The MA or its affiliates may have other commercial transactions with the entity to which the report pertains. As an example, the MA may rate the issuer or any debt instruments / facilities issued or proposed to be issued by the issuer that is subject matter of this report. The MA may receive separate compensation for its ratings and certain credit-related analyses, normally from issuers or underwriters of the instruments, facilities, securities or from obligors.
Page 28
Annexure - C Disclosure required pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations read with the SEBI Master Circular HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026 Resignation of Mr. Nikhil Kumar from the position of Company Secretary and Compliance Officer of the Company Particulars Description Reason for change viz. appointment, re- appointment, resignation, removal, death or otherwise; Resignation of Mr. Nikhil Kumar (Membership no. A48353) from the position of Company Secretary and Compliance Officer of the Company for taking over additional responsibilities in Shiprocket group, as stated in the Resignation letter. Date of appointment/re- appointment/cessation (as applicable) & term of appointment/re- appointment; Resignation vide letter dated October 28, 2026 with effect from the close of business hours of November 05, 2026. Copy of the Resignation Letter is attached herewith. Term of appointment & re-appointment – Not Applicable Brief profile Not applicable Disclosure of relationships between directors (in case of appointment of a director) Not applicable
Page 29
Date: October 28, 2026 To, The Board of Directors Shiprocket Limited Plot 416, Phase III, Udyog Vihar, Sector 19, Gurugram, Haryana 122002 Subject: Resignation from the post of Company Secretary and Compliance Officer Dear Sir/Madam, I, Nikhil Kumar, hereby tender my resignation from the position of Company Secretary, Compliance Officer and Key Managerial Personnel of Shiprocket Limited (the "Company"), with effect from the close of business hours on November 5, 2026 (last working day). I have decided to step back from this position and take on additional responsibilities in the Shiprocket group. I request the Board to accept my resignation and take it on record, and to complete the necessary disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the filings under the Companies Act, 2013. I will hand over all records, documents and responsibilities to the person nominated by the Company before my last working day. I thank the Board, the management and my colleagues for their support and guidance during my association with the Company. Yours faithfully, Nikhil Kumar ICSI Membership No.- A48353
Page 30
Annexure - D Disclosure required pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations read with the SEBI Master Circular HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026 Appointment of Mr. Anil Kumar as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company Particulars Description Reason for change viz. appointment, re- appointment, resignation, removal, death or otherwise; Appointment of Mr. Anil Kumar , a qualified Company Secretary (Membership Number F8023) as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company with effect from November 06, 2026. Date of appointment/re- appointment/cessation (as applicable) & term of appointment/re- appointment; Appointed as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company with effect from November 06 , 2026. Term of appointment– Whole time appointment Brief profile Mr. Anil Kumar is a meritorious Commerce Graduate from Nagpur University, Maharashtra; Law Graduate (Professional) from Punjabi University, Patiala and Master of Laws (Corporate Laws) – gold medalist from Sushant University, Gurgaon (Haryana). He is a Fellow member of the Institute of Company Secretaries of India and has over 17 years of experience in the field of corporate governance, corporate restructuring, legal matters and secretarial compliances, FEMA compliances and others. He joined our Company as the Associate Vice President on September 7, 2026. He has previously worked as Director, Group Company Secretary and Compliance Officer of AceVector Limited (formerly Snapdeal Limited); Company Secretary of Unicommerce eSolutions Limited, subsidiary of AceVector Limited from February 2025 to September 2026; Head – Legal, Company Secretary and Compliance Officer of Ethos Limited – India’s largest retail chain of luxury swiss watches in India from May 2011 to January 2025 and Company Secretary and Compliance Officer of Parabolic Drugs Limited – Manufacturer of bulk drugs and active pharmaceutical ingredients from December 2009 to May 2011. He has held the post of Treasurer during the year 2019 and Chairman during the year 2020 with Chandigarh Chapter of NIRC of Institute of Company Secretaries of India. He is Vice President of The Association of Chartered Professionals of India. He is also t he District Convener for Gurgaon Chapter of PHDCCI. He is a regular faculty member for various programs organized for members and students of Chandigarh Chapter, Panipat Chapter, Karnal Chapter; Gurugram Chapter and N orthern India Regional Council of Institute of Company Secretaries of India. He is a prolific orator and
Page 31
anchor for programs organized by the Institute of Company Secretaries of India. He has anchored the Convocation Ceremony of the ICSI held at New Delhi during the year 2021. He has spoken on varied subjects in the programs and conferences organized by Chandigarh University, Chitkara University, Chandigarh Group of Colleges and Delhi College of Management in Faridabad. He is an empaneled member of the Board of Studies of Chandigarh University. He has been awarded Dr. APJ Abdul Kalam Global Icon Award in the year 2025 for being the best Mentor and Corporate Governance Professional in the country. Disclosure of relationships between directors (in case of appointment of a director) Not applicable