Praveg Ltd — Important, 12-02-2026: Company Update

The company has announced a board meeting where it approved the financial results for the quarter and nine-months ended December 31, 2025. The board also approved key leadership changes, subject to shareholder approval. Mr. Vishnukumar Patel will become Chairman & Managing Director for five years, serving without remuneration. Concurrently, Ms. Bijal Parikh moves from Executive to Non-Executive Director. Additionally, the Nomination and Remuneration Committee and Risk Management Committee were reconstituted, with new members appointed to reflect these leadership shifts. Agencies were appointed for an upcoming postal ballot to facilitate shareholder voting on these and other resolutions.