TITAGARH RAIL SYSTEMS LIMITED — Important, 07-04-2025: General Updates

The Board of Directors of Titagarh Rail Systems Limited has approved several key changes in its governance and operational framework. Notably, Ms. Nayantara Palchoudhuri, Shri Krishan Kumar Jalan, Shri S.K. Roongta, and Shri Umesh Chowdhary have been re-appointed as Non-Executive Independent Directors for terms ranging from five years starting from various dates in 2025 and 2026, pending shareholder approval. The Board also recognized the retirement of Shri Dinesh Arya as Company Secretary, effective May 31, 2025, and approved the appointment of Shri Aditya Purohit as the new Company Secretary from June 1, 2025. Furthermore, Shri Vijay Subramanian has been appointed as Chief Transformation Officer as of today, tasked with improving operational efficiency across the company’s functions. The changes reflect a commitment to robust governance and strategic operational improvements, positioning the firm for future growth and stability. Shareholders should watch closely as these appointments precede important decisions in the upcoming postal ballot.