GSB Finance Ltd — Important, 20-11-2025: Company Update

The Board has approved several key appointments and an operational change. Mr. Kshitij Agarwal was appointed as a Non-Executive Additional Director. Mr. Vivek Kumar Singhal was appointed as an Executive Additional Director and Managing Director for five years, pending shareholder approval. Mr. Hari Chand Mittal and Mrs. Sweta Pareek were appointed as Non-Executive Independent Directors for five years, also subject to shareholder approval. Ms. Payal Jain was appointed as Company Secretary and Compliance Officer. These leadership changes stem from a change in company control and management. Additionally, the registered office will be shifted within Mumbai.