BSECompany Update21h ago · 11 Aug 2026, 01:51 pm

Resignation of Mr. Kinnar Mehta from the position of Chief Financial Officer of the Company

Kusumgar Ltd · 544821

✦ AI SummaryMgmt Change

Kusumgar Ltd's Chief Financial Officer, Mr. Kinnar Mehta, has resigned from his position to focus on business strategy and long-term value creation, effective August 10, 2026.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Kusumgar Ltd - 544821 - Announcement under Regulation 30 (LODR)-Change in Management

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Date: 11th August, 2026 To, To, BSE Limited National Stock Exchange of India Ltd P J Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 544821 Trading Symbol: KUSUMGAR Dear Sir/Madam, Sub: Intimation pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Pursuant to the provisions of Regulation 30 read with Part A Para A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), please be informed that Mr. Kinnar Mehta vide resignation letter dated 10th August, 2026 (enclosed as Annexure I) has resigned from the position of Chief Financial Officer of the Company with effect from close of business hours of 10th August, 2026 to facilitate his transition into a role within the Company focused on business strategy and long-term value creation. Mr. Kinnar Mehta will also cease to be a Key Managerial Personnel under the provision of Section 203 and other applicable provisions if any, of the Companies Act, 2013. He has confirmed that there is no other material reason for his resignation other than the above. Details with respect to Change in Key Managerial Personnel as required under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025- CFDPOD2/ I/3762/2026 dated January 30, 2026, are annexed herewith as Annexure-II. Request you to kindly acknowledge and take the same on record. Thanking you. Yours faithfully, For Kusumgar Limited (Formerly known as Kusumgar Private Limited) Devanand Parshottam Mojidra Company Secretary and Compliance Officer Annexure-I Annexure-II Sr. Particulars Details 1 Reason for change viz. appointment, Mr. Kinnar Mehta, Chief Financial Officer and reappointment, resignation, removal, Key Managerial Personnel of the Company has death or otherwise tendered his resignation from his position as Chief Financial Officer of the Company to facilitate his transition into a role within the Company focused on business strategy and long-term value creation. 2 Date of Close of business hours of 10th August, 2026 appointment/reappointment/cessation (as applicable) & term of appointment/re-appointment 3 Brief profile (in case of appointment) Not Applicable 4 Disclosure of relationships between Not Applicable Directors (in case of appointment of a director)