Cravatex Limited's Board has re-appointed Mr. Divakar G. Karnath as Executive Director and Chief Financial Officer for another three years, effective April 1, 2026, until March 31, 2029. This decision, made following the Nomination and Remuneration Committee's input, is subject to shareholder approval. Mr. Karnath, a seasoned banker with 32 years of experience, has served as the company's CFO since 2012, bringing expertise in corporate banking, finance, legal, and risk management. His continued leadership provides stability in a crucial role.