Jhaveri Credits & Capital Ltd — Important, 01-01-2026: Company Update

Jhaveri Credits and Capital Limited announced that Mr. Bhumit Vinodkumar Patel has resigned from his position as a Non-Executive Director, effective December 31, 2025. He cited preoccupancy and engagements in various professional assignments and social activities as the reason for his departure, with the company confirming no other material reasons. This update informs shareholders about changes in the board's composition, which influences the company's governance and oversight. Mr. Patel also stepped down as Whole-Time Director from Praveg Limited on the same date.