Sita Enterprises Ltd — Important, 01-09-2025: Company Update

Sita Enterprises' board has approved significant leadership changes and a promoter share transfer. Promoters transferred 2,100,000 equity shares to Mr. Jitendra Rasiklal Sanghvi, signaling a change in control. The CFO and Company Secretary resigned. The board appointed Mr. Harsh Jitendra Gandhi as Executive Director and CFO, Mr. Kirit Gordhandas Thakker as Executive Director, and Ms. Anushree Rakesh Singh as Independent Director. Ms. Monika Jain was appointed as Company Secretary. The company has announced a board meeting for September 4, 2025, to consider further control transfer matters and the Annual General Meeting.