Appointment

Date: June 29, 2026 To, To, The General Manager, Manager-Lis(cid:415)ng Compliance, Department of Corporate Na(cid:415)onal Stock Exchange of India Limited, Services, BSE Limited Exchange Plaza, C-1, Block G, Bandra Kurla Phiroze Jeejeebhoy Towers Complex, Bandra East, Dalal Street, Mumbai- 400001 Mumbai – 400051 Scrip Code: 544223 Symbol: CEIGALL ISIN: INE0AG901020 ISIN: INE0AG901020 Subject: Outcome of the Board Mee(cid:415)ng held today i.e. Monday, June 29, 2026 Dear Sir/Madam, Pursuant to Regula(cid:415)on 30 read with Schedule III of Securi(cid:415)es and Exchange Board of India (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 (“SEBI Lis(cid:415)ng Regula(cid:415)ons”), we wish to inform you that the Board of Directors of the Company at its mee(cid:415)ng held today i.e., Monday, June 29, 2026, inter alia transacted the following businesses:- 1. Appointment of Execu(cid:415)ve Directors: On the recommenda(cid:415)on of the Nomina(cid:415)on and Remunera(cid:415)on Commi(cid:425)ee, the Board has approved the appointment of: a) Mr. Ayyalusamy Saravanan (DIN: 02592825), currently Chief Execu(cid:415)ve Officer (CEO), as an Addi(cid:415)onal Director / Whole-Time Director who shall be designated as Whole-Time Director & CEO of the Company, with effect from July 01, 2026, subject to the approval of the shareholders at the ensuing Annual General Mee(cid:415)ng. b) Dr. Pawan Kumar (DIN: 06863880) as an Addi(cid:415)onal Director / Whole-Time Director on the Board of the Company, with effect from July 01, 2026, subject to the approval of the shareholders at the ensuing Annual General Mee(cid:415)ng. Further, pursuant to Circular No. LIST/COMP/14/2018- 19 issued by BSE Limited and Circular No. NSE/ CML/2018/24 issued by the Na(cid:415)onal Stock Exchange of India Ltd., both dated June 20, 2018, Mr. Ayyalusamy Saravanan and Dr. Pawan Kumar are not debarred from holding the office of Director by virtue of any SEBI order or any other such authority. The details as required under Regula(cid:415)on 30 read with SEBI circular no. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, with respect to the appointment of Mr. Ayyalusamy Saravanan and Dr. Pawan Kumar are enclosed as Annexure-I and Annexure-II, respec(cid:415)vely. 2. Resigna(cid:415)on of Whole-Time Director: The Board has accepted the resigna(cid:415)on of Dr. Sudhir Rao Hoshing (DIN: 02460530) from the posi(cid:415)on of Whole-Time Director of the Company, effec(cid:415)ve from the closure of business hours on July 15, 2026. Copy of resigna(cid:415)on le(cid:425)er received from Dr. Sudhir Rao Hoshing and the details as required under Regula(cid:415)on 30 read with SEBI circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure-III. The Boad mee(cid:415)ng commenced at 11:30 a.m. and concluded at 11:50 a.m. The above informa(cid:415)on is also placed on the website of the Company www.ceigall.com This is for your informa(cid:415)on, records and mee(cid:415)ng the disclosure requirements as prescribed under SEBI Lis(cid:415)ng Regula(cid:415)ons. Kindly take the above on record. Thanking You, For Ceigall India Limited Megha Kainth Company Secretary & Compliance Officer ICSI Membership No: F7639 Annexure-I Sr. Par(cid:415)culars Details 1. Reason for change viz. Appointment of Mr. Ayyalusamy Saravanan, CEO as appointment, re-appointment, an Addi(cid:415)onal Director and Whole-Time Director resigna(cid:415)on, removal, death or with effect from July 01, 2026. otherwise 2. Date of appointment/re- 2 years with effect from July 01, 2026, (cid:415)ll June 30, appointment/cessa(cid:415)on (as 2028, subject to approval of shareholders at the applicable) & term of ensuing Annual General Mee(cid:415)ng. appointment/re-appointment. 3. Brief profile (in case of Mr. Ayyalusamy Saravanan, aged about 55 years, appointment) holds degree in Mechanical Engineering and is a seasoned professional with nearly 33 years of rich experience in the infrastructure sector, par(cid:415)cularly in EPC Highways Projects from NHAI, MoRTH and World Bank Funded Projects. He has held leadership posi(cid:415)ons across some of India’s most prominent infrastructure companies viz. Managing Director of MW High Tech Projects India Pvt. Ltd. (100% subsidiary of MW Group, Stu(cid:425)gart, Germany) and had been part of infrastructure Company like GMR Group, TCE Consul(cid:415)ng Engineering and SPL Infrastructure Pvt. Ltd. Experience and Award:  Built the Longest, all Steel Flyovers in South India, which is in opera(cid:415)on for last 5 years. (Got best Award rom MoRTH & NHAI under challenging Condi(cid:415)on in JAN 2020)  Executed 80 Million Michelin Tyre ab in Chennai, 40 Million Procter & Gamble Facility in Hyderabad and 30 Million Cadbury Factory in sricity, Honeywell and intel facility in Hyderabad and Bangalore.  Experience in Solar fab and worked with first solar and Suntech in Malaysia and China.  MW India awarded the best performance for Business Growth in 2011 amongst 24 countries of MW group. Mr. Ayyalusamy Saravanan holds directorship on the Board of Building Roads Infrastructure & Construc(cid:415)on Private Limited, Collabora(cid:415)ve Construc(cid:415)ons Techno Private Ltd., Ceigall Infra Projects Private Limited, Ceigall Ambala Chandigarh Zirakpur Limited, Ceigall Kanpur Central Bus Terminal Private Limited, Ceigall Ludhiana Rupnagar Greenfield Highway Private Limited, Ceigall Indore Ujjain Greenfield Highway Limited, Ceigall Sahebganj Be(cid:427)ah Highway Limited, Ceigall Morena Solar Bess Park Limited. 4. Disclosure of rela(cid:415)onships between Mr. Ayyalusamy Saravanan is not related to any directors (in case of appointment of Director or Key Managerial Personnel of the a director). Company. 5. Informa(cid:415)on as required pursuant to Mr. Ayyalusamy Saravanan is not debarred from BSE Circular No. L1ST/COMP/ holding the office of Director by virtue of any SEBI 14/2018-19 and NSE Circular No. Order or any other such authority. NSE/CMLl201 8124, both dated June 20, 2018 Annexure-II Sr. Par(cid:415)culars Details 1. Reason for change viz. Appointment of Dr. Pawan Kumar as an Addi(cid:415)onal appointment, re-appointment, Director and Whole-Time Director with effect from resigna(cid:415)on, removal, death or July 01, 2026. otherwise 2. Date of appointment/re- 2 years with effect from July 01, 2026, (cid:415)ll June 30, appointment/cessa(cid:415)on (as 2028, subject to approval of shareholders at the applicable) & term of ensuing Annual General Mee(cid:415)ng. appointment/re-appointment. 3. Brief profile (in case of Dr. Pawan Kumar, aged about 55 years, is an appointment) accomplished professional in the infrastructure and construc(cid:415)on industry with over 33 years of extensive experience. He holds a bachelor’s degree in civil engineering from Punjabi University, Pa(cid:415)ala, a Master of Engineering in Highways from Punjab University, Chandigarh, and a Doctorate of Philosophy (Ph.D.) from IIT Roorkee. Dr. Kumar has a proven track record in managing and delivering large-scale infrastructure projects. His core competencies include project management, business development, contract management, techno-legal ma(cid:425)ers, and arbitra(cid:415)on. He has demonstrated excep(cid:415)onal leadership in handling complex contractual and legal issues, significantly contribu(cid:415)ng to the successful execu(cid:415)on of major projects across the country. Dr. Kumar was earlier associated with MKC Infrastructure Ltd., Gujarat, where he played a key role in driving the company's strategic growth and opera(cid:415)onal excellence. He had worked with Central Road Research Ins(cid:415)tute, an autonomous body under Council of Scien(cid:415)fic and Research Ins(cid:415)tute, Government of India as Scien(cid:415)st and published papers in na(cid:415)onal and interna(cid:415)onal journals on new technologies and new materia [Showing first 8,000 characters — download PDF for full document]