Terraform Magnum Ltd — Updates, 30-05-2025: Company Update

TERRAFORM MAGNUM LIMITED

Corporate Identity Number: L65990MH1982PLC040684

Regd. Off.: Godrej Coliseum, A-Wing 1301, 13111 Floor, Behind Everard Nagar,

Off Eastern Express Highway, Sion (East), Mumbai -400 022 T: + 91 (22) 62704900

Web: www.terraformmagnum.com E-mail: secretarial@terraformrealty.com

To,

Corporate Service Department

BSE Limited,

P.J. Towers, Dalal Street,

Mumbai-400 001.

Dear Sir,

May 30,2025

Scrip Code: 506162

Sub: Outcome of Board Meeting and disclosure under SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015.

Pursuant to Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations &

Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), read with Schedule III to the listing.

Regulations, as amended from time to time, the Board of Directors of Terraform Magnum Limited ("the

Company") at their Meeting held today i.e. on Friday, May 30th, 2025 at the Registered office of the

Company at 11:30 am and concluded at 01:00 p.m., have inter-alia considered and approved the

following:

1. The Audited Financial Results for the Quarter and Year ended March 31, 2025, along with Statement

of Assets & Liabilities as on March 31, 2025, and the Cash Flow Statement for the financial year

ended March 31, 2025 (enclosed herewith).

The Board of Directors took note of the Statutory Auditors' Report for the Quarter and Year ended

March 31, 2025 and Declaration on the Annual·Audited Financial Results for the year ended March

31,2025 (enclosed herewith).

2. Appointment of Mrs. Renuka Gautam (DIN: I 0749255) as an Additional Director designated as Non-

Executive Independent Director, not liable to retire by rotation, for a tenure of 5 consecutive years

commencing from May 30th, 2025 subject to approval of the shareholders.

3. Appointment of Mr. Vineet Mishra (DIN: 06789301) as an Additional Director designated as Non-

Executive Independent Director, not liable to retire by rotation, for a tenure of 5 consecutive years

commencing from May 30th, 2025 subject to approval of the shareholders.

4. Appointment of M/s. Dholakia & Associates LLP, Practicing Company Secretaries as Secretarial

Auditors of the Company for a term of Five Years.

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TERRAFORM MAGNUM LIMITED

Corporate Identity Number: L65990MH1982PLC040684

Regd. Off.: Godrej Coliseum, A-Wing 1301, 13111 Floor, Behind Everard Nagar,

Off Eastern Express Highway, Sion (East), Mumbai -400 022 T: + 91 (22) 62704900

Web: www. terraform magn u m.com E-mail: secreta rial@terraform rea tty .com

5. Reconstitution of Committees ofthe Board as under:

A. Nomination and Remuneration

1. Mrs. Renuka Gautam, Non Executive -Independent Director Chairman

2. Mr.Nainesh K. Shah, Director Member

3 Mr. Vineet Mishra, Non Executive -Independent Director Member

B. Audit Committee:

1. Mrs. Renuka Gautam, Non Executive -Independent Director Chairman

2. Mr.Vimal K. Shah, Director Member

3 Mr. Vineet Mishra, Non Executive -Independent Director Member

Kindly note that due to certain exigencies, the Board of Directors of the Company has decided to

postpone the 43rd Annual General Meeting dated 26th June, 2025 to a further date which shall be

intimated publically in due course. Hence, the other businesses related with the Annual General

Meeting as mentioned in the prior intimation dated 26th May 2025 could not be considered.

We request you kindly take the above on record.

Thanking you,

Yours faithfully,

FOR TERRAFORM MAGNUM LIMITED

Company Secretary a

(Encl. as above)

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TERRAFORM MAGNUM LIMITED

Corporate Identity Number: L65990MH1982PLC040684

Regd. Off.: Godrej Coliseum, A-Wing 1301, 13th Floor, Behind Everard Nagar,

Off Eastern Express Highway, Sion (East), Mumbai -400 022 T: + 91 (22) 62704900

Web: www.terraformmagnum.com E-mail: secretarial@terraformrealty.com

Annexure-A

Details required under Regulations 30 of SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated

September 9, 2015 is given below:

Name

Reason for Appointment

Date of Appointment and

Terms of Appointment

Brief Profile (In case of

Appointment)

Brief Profile of Independent Directors:

Mrs. Renuka Gautam

Due to the completion of second

and final term of prior

Independent Directors of the

Company, with effect · from

March 31st, 2025 causing casual

vacancy on the Board of

Directors ofthe Company.

Date: 30th May, 2025

Mr. Yineet Mishra

Due to the completion of second

and final term of Independent

Directors of the Company, with

effect from March 31st, 2025

causing casual vacancy on the

Board of Directors of the

Company.

Date: 30th May, 2025

Term: For tenure of 5 Term: For tenure of 5

consecutive years commencing consecutive years commencmg

from May 30th, 2025 subject to from May 30th, 2025 subject to

approval of the members by way approval of the members by way

of a Special Resolution. Further of a Special Resolution. Further

she shall not be liable to retire by he shall not be liable to retire by

rotation. rotation.

Mrs. Renuka Shroff is an Mr. Yineet Mishra is a Science

accomplished professional with Graduate with having more than

a vast experience in Finance 25 years of experience in the

and Business Strategy capacity of Operations Manager,

Management. She has Project Manager, Production

completed her education as Manager out of which the last 16

bachelors degree in commerce years running a Import Export &

from SIES College of Trading firm with Freight

Commerce and Economics. She Forwarding and clearing. He is a

is also a CA Inter qualified Certified Independent Director

Professional. She has held for Ministry of Corporate Affairs

leadership positions in reputed (MCA) Government of India. He

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TERRAFORM MAGNUM LIMITED

Corporate Identity Number: L65990MHI982PLC040684

Regd. Off.: Godrej Coliseum, A-Wing 1301, 131" Floor, Behind Everard Nagar,

Off Eastern Express Highway, Sion (East), Mumbai -400 022 T: + 91 (22) 62704900

Web: www.terraformmagnum.com E-mail: secretarial@terraformrealty.com

Disclosure of Relationship

between Directors (in case

of Appointment)

organizations and plays a has a good analytical &

crucial role in ensuring organizing skills, leadership

corporate integrity and qualities, good interpersonal &

governance by way of her coordination skills.

expertise in strategic planning,

risk management, compliance,

and corporate governance.

Nil Nil

Affirmation that the To the best of our knowledge To the best of our knowledge

Director being appointed is and information, we hereby and information, we hereby

not debarred from holding affirm that Mrs. Renuka Shroff is affirm that Mr. Vineet Mishra is

the office of director by not debarred from holding the not debarred from holding the

virtue of any SEBI order or office of director by virtue of any office of director by virtue of any

any other such authority SEBI order or any other such SEBI order or any other such

authority. authority.

Brief Profile of Secretarial Auditor:

Name of Auditor M/s. Dholakia & Associates LLP

Brief Profile of Secretarial Audit or M/s. Dholakia & Associates LLP, Practicing

Company Secretaries based in Mumbai, is a 42 year

old firm with rich experience in providing services

on Corporate Law matters including but not limited

to Secretarial Audit, Bank Diligence Audit, SEBI

Audit, etc. for Listed and Unlisted Companies. The

Firm is Peer Reviewed and Quality reviewed under

the ICSI Guidelines.

Date of Appointment and Terms of Appointment Date of Appointment-30111 May, 2025

The terms of appointment decided mutually

between Secretarial Auditor and Board of Directors

ofthe Company.

Disclosure of Relationship between Directors (in Not Applicable

case of Appointment)

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