Resignation

Parsvnaths committed to build a better world July 17,2026 National Stock Exchange of India Limited “Exchange Plaza” Bandra-Kurla Complex, Bandra (E), Mumbai — 400 051 Scrip Code No. : PARSVNATH — EQ (NSE): 532780 (BSE) Sub: Resignation of Independent Director — Revised Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') Dear Sir / Madam, This is with reference to your trail mail dated July 16, 2026 regarding disclosure of resignation of independent director of Mr. Ramesh Chand Gupta, Mr. Subhash Chander Setia & Dr. Rakshita Shharma. In this regard, it is submitted that It has been observed that the aforesaid announcement is not submitted within 24 hours of the occurrence of the as per Regulation 30 of SEBI Listing Regulations, 2015 read with Master Circular dated July 11, 2023. Please provide reason for the same. Reply: - The Company is currently undergoing Corporate Insolvency Resolution Process (“CIRP”) vide Hon’ble National Company Law Tribunal, New Delhi Bench, vide order dated 30/04/2026 in terms of the provisions of Insolvency and Bankruptcy Code, 2016 (‘IBC’) and the regulations framed thereunder. Pursuant to the same order, the Court has appointed the undersigned Mr. Manoj Kumar Anand, having IBBI Registration No.: IBBI/IPA-001/IP- P00084/2017-2018/10180, as an Interim Resolution Professional to manage the affairs of the Corporate Debtor as a going concern and continued as Resolution Professional by the 01% committee of creditors (CoC) in its meeting held on 10" June, 2026 under the provisions of the Code. Mr. Manoj Kumar Anand, Resolution Professional take legal opinion regarding resignation of all 3 Independent directors. So that intimation of resignation sent to both exchanges minor delayed. Parsvnath Developers Limited CIN: L45201DL1990PLC040945 Registered & Corporate Office : Parsvnath Tower, Near Shahdara Metro Station, Shahdara, Delhi-110032, Ph : 011-43050100, 43910500, Fax : 011-43050473 E-mail : mail@parsvnath.com, Visit-us at : www.parsvnath.com Parsvnaths committed to build a better world 1. The letter of resignation along with detailed reasons for the resignation given by the said directors. 2. The independent director shall, along with the detailed reasons, also provide a confirmation that there is no other material reasons other than those provided. Reply: - Revised all disclosure of all director again attached with letter of resignation. In view of above, it is requested that the disclosure be treated as compliance considering the human constraint and sincere efforts. This is for your information and records. Thanking you, Yours faithfully, For Parsvnath Developers Limited andj Kumar Anand Resolution Professional Registration No. IBBI/IPA-001/IP-P00084/2017-2018/10180 Parsvnath Developers Llimited CIN: L45201DL1990PLC040945 Registered & Corporate Office : Parsvnath Tower, Near Shahdara Metro Station, Shahdara, Delhi-110032, Ph : 011-43050100, 43910500, Fax : 011-43050473 E-mail : mail@parsvnath.com, Visit-us at: www.parsvnath.com Parsvnaths committed to build a better world July 16, 2026 National Stock Exchange of India Limited “Exchange Plaza™ Bandra-Kurla Complex, Bandra (E), Mumbai — 400 051 BSE Limited Phiroze Jeejeebhoy Tower Dalal Street, Mumbai — 400 001 Scrip Code No. : PARSVNATH — EQ (NSE); 532780 (BSE) Sub: Intimation of Board Meeting Sub: Resignation of Independent Director - Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') Dear Sirs, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Mr. Ramesh Chand Gupta (DIN : 01257134) has tendered his resignation as an Independent Director of the Company with immediate effect i.e. from July 14, 2026, due to personal pre-occupations and other commitments. The information required under Regulation 30 read with Schedule III — Para A (7B) of Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, ) 2026 is enclosed herewith as ANNEXURE-A. This is for your information and records. Thanking you, Yours faithfully, For Parsvnath Developers Limited Manoj Kumar Anand Resolution Professional Registration No. IBBI/IPA-001/IP-P00084/2017-2018/10180 Parsvnath Developers limited CIN: L45201DL1990PLC040945 Registered & Corporate Office : Parsvnath Tower, Near Shahdara Metro Station, Shahdara, Delhi-110032, Ph : 011-43050100, 43910500, Fax : 011-43050473 E-mail : mail@parsvnath.com, Visit-us at : www.parsvnath.com Parsvnaths committed to build a better world ANNEXURE - A Information required under Regulation 30 read with Schedule III — Para A (7B) of Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 Sr. Detail of Events that need to be Information of such event(s) No. provided 1. | Name Mr. Ramesh Chand Gupta (DIN : 01257134) 2. | Reason for change viz. resignation, | Mr. Ramesh Chand Gupta (DIN : 01257134) ppointment—removak—death—or | has tendered his resignation as an otherwise: Independent Director of the Company with effect from close of business hours on July 14, 2026, due to personal pre-occupations and other commitments. 3. | Date of-appeintment/ cessation fas | July 14, 2026 licablo).& e " 4. | Brief profile (in case of | Not Applicable appointment) 5. | Disclosure of relationships between | Not Applicable directors (in case of appointment of a director) 6. | Letter of Resignation along with | Enclosed as AnnexureB detailed reason for resignation 7. | Names of listed entities in which | Not Applicable the resigning director holds directorships, indicating the category of directorship and membership of board committees, if any. 8. | The independent director shall, | Mr. Ramesh Chand Gupta has confirmed that along with the detailed reasons, | there are no material reasons for his also provide a confirmation that | resignation other than those mentioned in there is no other material reasons | resignation letter. other than those provided. Parsvnath Developers Llimited CIN: L45201DL1990PLC040945 Registered & Corporate Office : Parsvnath Tower, Near Shahdara Metro Station, Shahdara, Delhi-110032, Ph : 011-43050100, 43910500, Fax : 011-43050473 E-mail : mail@parsvnath.com, Visit-us at : www.parsvnath.com Parsvnaths committed to build a better world Pursuant to the Resignation of Mr. Ramesh Chand Gupta (DIN: 01257134) as an Independent Director of the Company, Mr. Ramesh Chand Gupta ceases to be a member of the following Committees of the Board: Name of the | Designation on the | Name of the | Position hold in the Director Board Committee Committee Mr. Ramesh Chand | Non- Executive | Audit Committee Member Gupta Independent Director Mr. Ramesh Chand | Non- Executive | Nomination and | Member Gupta Independent Director | remuneration committee ) Mr. Ramesh Chand | Non- Executive | Risk ~ Management | Member Gupta Independent Director | Committee For Pagsvnath Developers Limited Manoj Kumar Anand Resolution Professional Registration No. IBBI/IPA-001/IP-P00084/2017-2018/10180 Parsvnath Developers Limited CIN: L45201DL1990PLC040945 Registered & Corporate Office : Parsvnath Tower, Near Shahdara Metro Station, Shahdara, Delhi-110032, Ph : 011-43050100, 43910500, Fax : 011-43050473 E-mail : mail@parsvnath.com, Visit-us at : www.parsvnath.com Arnexvre 1B Date: 14/07/2026 The BOARD OF DIRECTORS/ IRP, PARSVNATH DEVELOPERS LIMITED Parsvnath Tower, Near Shahdara Metro Station, Shahdara, g Delhi, 110032- India. Sub: Resignation from the Directorship of the company Dear Sir, Due to my personal pre-occupations and other commitments, [ am no longer ina position to devote sufficient time and attention to the aff [Showing first 8,000 characters — download PDF for full document]