Intimation for Change in Management

umssasssnaarsess i 5] JUDRA (Formerly known as HIMACHAL FIBRES LIMITED) EcovarioN Date: 02.09.2026 Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai-400001 RUDRAECO | 514010 | INE723D01021 Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015 - Change in Management Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations'), We wish to inform you that based on the recommendation of Nomination and Remuneration Committee the Board of Directors of the Company at its meeting held today ie. Wednesday September 02, 2026 at 04:00 P.M. at 4% Floor, Woodstock Tower, B-35/958, Adarsh Nagar, Ferozepur Road, Opposite Waves Mall, Ludhiana-141012, had, interalia, considered and approved the followings: Re-appointed Mr. Gian Chand Thakur (DIN: 07006447) as a Whole Time Director of the Company for a further period of Five (5) years with effect from October 01, 2026 till September 30, 2031 (both days inclusive), subject to the approval of shareholders at the ensuing Annual General Meeting of the Company. Approved the appointment of Mr. Inderpreet Singh (DIN:11590171) as an Additional Director in the capacity of Non-Executive Independent Director for a term of five (5) years with effect from September 02, 2026 Subject to the approval of shareholders at the ensuing Annual General Meeting of the Company. Approved the appointment of Mr. Rahul Kapoor (DIN: 07705566) as an Additional Director in the capacity of Executive Director for a term of 5 years with effect from September 02, 2026 Subject to the approval of shareholders at the ensuing Annual General Meeting of the Company. M. Akhilesh Kumar Tiwari (DIN: 11086015) as Executive Director and Chief Executive Officer (CEO) of the company, has resigned from the office of Director and CEO of the Company with effect from September 02, 2026, upon closure of business hours, and express his inability to continue and submit his resignation letter along with confirmation that there is no other material reasons other than reason mentioned in the resignation letter. We also confirm that the resigning director Mr. Akhilesh Kumar Tiwari do not hold directorships in any other listed entities. Further, please find attached hereby details pertaining to the appointment and resignation in compliance with Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/1/3762/2026 updated on January 30, 2026 and amendments thereto, are enclosed herewith as “Annexure-A”. Kindly take the above information on record and acknowledge. Thanking You, For Rudra Ecovation Limited (Formerly Known as Himachal Fibres Limited) Nancy Singla Company Secretary cum Compliance officer ™ hfl.corporate @gmail.com ® www.rudraecovation.com @ Registered Office: Plot No. 43-44, Industrial Area, Barotiwala-174103 (HP) Corporate Office: 4th Floor, Wood Stock Tower, B-35/958, Adarsh Nagar, Farozepur Road, Opposite Waves Mall, Ludhiana-141012, Punjab CIN - L17119HP1980PLC031020 / L43292HP1980PL C031020 sssaseEmassaEr 51 JUDRA ECOVATION (Formerly known as HIMACHAL FIBRES LIMITED) ANNEXURE-A Details as required under Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/1/3762/2026 updated on January 30, 2026 and amendments thereto Disclosure Details Details Details Details Requirement Naamnd DeIN of | Mr. Gian Chand Thakur | Mr. Inderpreet Singh | Mr. Rahul Kapoor | Mr. Akhilesh Director (DIN: 07006447) (DIN: 11590171) (DIN: 07705566) Kumar Tiwari (DIN: 11086015) Reason for | Re-appointment for a | Appointment of Mr. [ Appointment of Mr. | Resigned due change viz. | further period of five (5) | Inderpreet Singh as | Rahul Kapoor as a | to personal appointment, years with effect from | Non- Executive | Executive Director of | reason. There reappointment, | 01.10.2026-30.09.2031 Independent Director | the Company is no other resignation, (both days inclusive). of the Company ‘material removal, death or reason for his otherwise resignation other than provided in resignation letter. Date of | Re-appointed for a term | Appointed for a term | Appointed for a term | Resigned appointment/re- | of Five (5) years w.ef. | of five (5) year with | of five (5) year with | from his duty appointment /| 01.10.2026-30.09.2031 effect from September | effect from September | w.e.f. cessation (as | (both days inclusive). | 02, 2026 to September | 02, 2026 to September | 02.09.2026 applicable) & 01, 2031 subject to | 01, 2031 subject to | upon closing term of approval of the | approval of the | of business appointment / shareholders. shareholders. hours reappointment Brief profile (in He has experience of He holds an MBA He is graduate and case of more than 33 years in with specialisation in has experience in the appointment) the textile industry Marketing and has field of production and he is Whole Time rich experieinn cthee and finance. Director of the fields of marketing Company. and law. He possesses tich experience as commercial head. As the Whole Time Director of the Company, Mr. Thakur has played a = hfl.corporate @gmail.com ® www.rudraecovation.com Q Registered Office: lot No. 43-44, Industrial Area, Barotiwala-174103 (HP) Corporate Office: 4th Floor, Wood Stock Tower, B-35/958, Adarsh Nagar, Ferozepur Road, Opposite Waves Mall, Ludhiana-141012, Punjab CIN - L17119HP1980PLC031020 / L43292HP1980PL C031020 P Iecsenie (Formerly known as HIMACHAL FIBRES LIMITED) pivotal role in overseeing the end-to- end operations, indluding production planning, quality control, procurement, and customer relationship management. His deep understanding of textile manufacturing processes, matket dynamics, and operational efficiencies has antly contributed to the growth and competitiveness of the Company in a highly dynamic and evolving industry. Under his guidance, the Company has successfully enhanced its production capabilities and ‘maintained high standards of quality and compliance. Disclosure of | None None None N.A. relationships between Directors (in case of appointment of a Director) Affirmation on | We affirm that he: We affirm that he: We affirm that he: NA. appointment « isnot debarred from | * is ot debarred « is not debarred holding the office of the | from holding the from holding the Director in the office of the Director | office of the Director Company by virtue of | in the Company by | in the Company by any SEBI order or any virtue of any SEBI virtue of any SEBI such other authority. order or any such order or any such other authority. other authority. + is not convicted of + isnot convicted of « is not convicted of any offence in any offence in any offence in connection with the connection with the connection with the promotion, formation promotion, formation promotion, formation or management of any or management of or management of Company or LLP and any Company or LLP any Company or LLP has not been found and has not been and has not been ™4 hfl.corporate@gmail.com ® www.rudraecovation.com @ Registered Office: Plot No. 43-44, Industrial Area, Barotiwala-174103 (HP) Corporate Office: 4th Floor, Wood Stock Tower, B-35/958, Adarsh Nagar, Ferozepur Road, Opposite Waves Mall, Ludhiana-141012, Punjab CIN - L17119HP1980PLC031020 / L43292HP1980PL C031020 umssasssnaarsess i 5] JUDRA (Formerly known as HIMACHAL FIBRES LIMITED) ECOVATION guilty of any fraud or | found guilty of any | found guilty of any misfeasance or any fraud or misfeasanc [Showing first 8,000 characters — download PDF for full document]