Mindteck (India) Ltd — Board/Management Information 2025

Aug 7, 2025

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Mindteck (India) Limited (CIN: L30007KA1991PLC039702) Regd. Office: AMR Tech Park, Block 1, 3rd Floor #664, 23/24, Hosur Road, Bommanahalli Bengaluru - 560068. India

Tel: +91 80 4154 8000/4154 8300 Fax: +91 80 4112 5813

www.mindteck.com

Ref: MT/SG/2025-26/22 August 07, 2025

Scrip Code: ‘517344’ Symbol: “Mindteck”

To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai- 400001. Bandra (E), Mumbai – 400 051.

Dear Sirs/Madam,

Subject: Outcome of Board Meeting Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 held on August 07, 2025, commenced at 01:15 p.m. IST and concluded at 02:45 p.m. IST.

The Board of Directors have, inter alia, considered and approved the following in addition to the Unaudited Financial Results for the Quarter ended June 30, 2025:

1. Appointment of Managing Director

The Board of Directors have appointed Mr. Yusuf Lanewala (DIN: 01770426), Non-Executive Chairman of the Company, as the Managing Director and designated as Chairman and Managing Director upon recommendation from Nomination and Remuneration Committee, subject to the approval of the Shareholders.

The details under Regulation 30 of SEBI (LODR) Regulations, 2025, read with SEBI Circular SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023, is attached herewith as Annexure-1 .

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2. Change in Nomination and Remuneration Committee Composition

The revised composition of the Committee shall be effective from August 08, 2025, which is as under:

Name of the Director	Designation	Position
Mr. Guhan Subramaniam	Independent Director	Chairperson
Mr. Meenaz Dhanani	Non-Executive Director	Member
Mr. Subhash Dhar	Independent Director	Member
Ms. Keyuri Singh	Independent Director	Member
Mr. Satish Menon	Independent Director	Member

You are requested to take the above intimation on record and acknowledge.

Thanking you,

Yours Truly,

For Mindteck (India) Limited

Sathya Raja G

Digitally signed by Sathya Raja G Date: 2025.08.07 14:57:34 +05'30'

Sathya Raja G.

AVP, Legal and Company Secretary

UNITED STATES INDIA SINGAPORE MALAYSIA BAHRAIN UNITED KINGDOM

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Annexure-1

Disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Sl. No.		Particulars	Details
1.		Reason for change i.e., appointment~~/~~ ~~reappointment/~~ ~~resignation, removal, death~~ ~~or otherwise~~.	Mr. Yusuf Lanewala has been appointed as Managing Director of the Company w.e.f. August 08, 2025, and designated as Chairman and Managing Director, subject to the approval of Shareholders.
2.		Date of appointment~~/~~ ~~reappointment / cessation~~ and Term of Appointment	Appointed on August 07, 2025 and effective from August 08, 2025. Term of Appointment: One (1) year effective from August 08, 2025, subject to the approval of Shareholders.
3.		Brief profile in case of appointment	Mr. Yusuf Lanewala is a seasoned IT Strategy and Management professional with 35 years of global industry experience. Since starting his professional career in the Management Consulting Division of Price Waterhouse, Yusuf has held leadership positions with several leading IT services companies. Most recently, he served as Managing Director and CEO for Mindteck (India) Limited. He also served as CEO for Malomatia QSC, a 100% subsidiary of the Qatar’s Supreme Council of Information and Communications Technology (ictQatar), which provides domain specific enterprise IT solutions to the Government, Education and Healthcare sectors. As an Independent Consultant, he has advised several IT services companies in business strategy, and also consulted for several leading financial institutions in areas such as IT selection and deployment of systems for core banking, anti-money laundering, business intelligence, card management as well as channel management, including ATM deployment, internet and mobile banking. He was a board member of an IT services subsidiary set up by The Saraswat Cooperative Bank, a leading bank in India. He has been closely involved with various industry associations. He is also one of the Founding Directors of The Business Process Council, an organization created to collect, produce and enhance a common body of knowledge of business processes to help the industry achieve productivity faster and boost the career prospects of professionals. He has a Bachelor of Commerce degree from St. Xavier’s College, Kolkata and an MBA from the State University of New York. He also attended an Executive Education Program in Change Management at the Harvard Business School.
4.		Disclosure of relationship between Directors (in case of appointment of Director)	NIL
5.		Date and Time of Material Event	From the closing hours of August 07, 2025

UNITED STATES INDIA SINGAPORE MALAYSIA BAHRAIN UNITED KINGDOM