Cessation

TEAM INDIA GUARANTY LIMITED A 201, Level 2 Marathon NextGen Innova Ganpat Rao Kadam Marg Lower Parel (W) Mumbai- 400013 Tel: +912248818442/ 87 E-mail: info@teamindiaguarantylimited.com Website: https://teamindiaguarantylimited.com/ CIN: L65920MH1989PLC054398 23rd September, 2026 To, To, BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, G-Block, Dalal Street Bandra Kurla Complex, Bandra (East), Mumbai 400 001 Mumbai 400 051. Scrip Code: 511559 Scrip Code: TEAMGTY Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR’) – Resignation of Independent Director Dear Sir/Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that Ms. Sreedevi Pillai (DIN: 08944944), Non-Executive Independent Director of the Company, has, vide her resignation letter dated September 23, 2026, tendered her resignation from the office of Independent Director of the Company, with effect from September 23, 2026, on account of increased professional and personal commitments. Consequent upon her resignation, Ms. Sreedevi Pillai shall also cease to be the Chairperson of the Nomination and Remuneration Committee and a Member of the Audit Committee and Risk Management Committee of the Company, with effect from September 23, 2026. The details relating to her resignation, as required pursuant to Regulation 30 read with Para A(7B) of Part A of Schedule III of the SEBI Listing Regulations and the applicable SEBI circulars, are enclosed herewith as Annexure I. A copy of the resignation letter dated September 23, 2026, setting out the reasons for her resignation, is enclosed herewith as Annexure II. Kindly take the above intimation on your records. Thank you. Yours faithfully, FOR TEAM INDIA GUARANTY LIMITED AARTI PANDEY COMPANY SECRETARY & COMPLIANCE OFFICER Encl: As above TEAM INDIA GUARANTY LIMITED A 201, Level 2 Marathon NextGen Innova Ganpat Rao Kadam Marg Lower Parel (W) Mumbai- 400013 Tel: +912248818442/ 87 E-mail: info@teamindiaguarantylimited.com Website: https://teamindiaguarantylimited.com/ CIN: L65920MH1989PLC054398 ANNEXURE I Disclosure pursuant to Regulation 30 read with Para A(7B) of Part A of Schedule III of the SEBI Listing Regulations Sr. No. Particulars Disclosure 1. Reason for change viz. appointment, re- Resignation of Ms. Sreedevi Pillai (DIN: 08944944) appointment, resignation, removal, death or from the position of Non-Executive Independent otherwise Director of the Company on account of increased professional and personal commitments. 2. Date of appointment / re-appointment / Cessation with effect from September 23, 2026. cessation, as applicable, and term of appointment / re-appointment 3. Brief profile, in case of appointment Not Applicable 4. Disclosure of relationships between directors, in Not Applicable case of appointment 5. Letter of resignation along with detailed reason A copy of the resignation letter dated September for resignation as given by the director 23, 2026, setting out the detailed reasons for resignation, is enclosed as Annexure II. 6. Names of listed entities in which the resigning i. IFB Industries Ltd, [Independent Director]: director holds directorships, indicating the • Member of Audit Committee category of directorship and membership of • Member of Nomination and Remuneration board committees, if any Committee • Member of Corporate Social Responsibility Committee ii. The Western India Plywoods Limited [Independent Director]: • Chairperson of Nomination and Remuneration Committee • Member of Audit Committee 7. Confirmation that there are no other material Ms. Sreedevi Pillai has confirmed that there are no reasons other than those provided other material reasons for her resignation other than those stated in her resignation letter dated September 23, 2026.