Sun Retail Ltd

Dematerialisation status

• Dematerialised securities listed; certificates mutilated and cancelled; depository substituted as registered owner.
• No dematerialisation requests were received during the period.

Appointment

• Mrs. Khyati Bhavya Shah appointed Additional Non-Executive Independent Director effective 16 April 2026.
• Appointment is subject to shareholder approval at the ensuing Annual General Meeting.
• She is a Company Secretary with over seven years' experience in finance and corporate law.
• No inter-se relations exist between her and other board members.
• She is not debarred from holding directorship by SEBI or any other authority.

Resignation

• Nisha Sukhdevbhai Parmar resigned as Non-Executive Independent Director effective 15 April 2026.
• Reason stated was pre-occupation of work.
• The board noted her resignation and thanked her for contributions.

Committee Reconstitution

• Audit Committee reconstituted effective 16 April 2026, with Mrs. Khyati Bhavya Shah as Chairperson.
• Nomination and Remuneration Committee reconstituted effective 16 April 2026, with Mrs. Khyati Bhavya Shah as Chairperson.
• Stakeholders Relationship Committee reconstituted effective 16 April 2026, with Mr. Rajesh Chinubhai Sutaria as Chairperson.

Resignation of Independent Director

• Mrs. Nisha Sukhdevbhai Parmar resigned as Non-Executive Independent Director.
• Resignation effective from April 15, 2026.
• Reason for resignation: pre-occupation of work elsewhere.
• No other material reasons for resignation disclosed.
• Vacated board and committee memberships at Sun Retail Limited.
• No directorships or committee roles in other listed entities.
• Resignation does not require regulatory or shareholder approval.

Appointment of Director

• Mr. Rajesh Chinubhai Sutaria appointed Additional Non-Executive Non-Independent Director
• Appointment effective from March 24, 2026, subject to shareholder approval
• No inter-se relationship with other board members
• Not debarred from holding director office by SEBI or other authorities
• Mr. Sutaria is a warehouse and logistics professional with expertise in inventory management

Committee Reconstitution

• Audit Committee reconstituted effective March 21, 2026 with Mr. Sutaria as member
• Nomination and Remuneration Committee reconstituted with Mr. Sutaria as member
• Stakeholders Relationship Committee reconstituted with Mr. Sutaria as chairperson

Resignation of Non-Executive Director

• Mr. Rakesh Nareshchandra Kapadia resigned as Non-Executive Director effective 19 March 2026
• Resignation due to personal reasons
• No other material reasons for resignation disclosed
• Vacates position as Non-Executive Director
• No mention of other listed directorships or committee memberships
• No regulatory or shareholder approval required for resignation
• No immediate changes to board or committee composition disclosed