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Palred Technologies Limited Board/Management Information 2025

May 12, 2025

63257_rns_2025-05-12_e8648dde-aaf0-45e3-8d5b-ecdcde3ad9d7.pdf

Board/Management Information

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To, To,
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai 400 001.
BSE Scrip Code: 532521		 National Stock Exchange of India Limited
Exchange Plaza, 5th Floor, Plot No.CI1,
G-Block, 13andra-Kurla Complex,
Bandra (E), Mumbai 400 051.
NSE Scrip Code: PALREDTEC

Dear Sir / Madam,

Sub: Outome of Board Meeting under regulation 30 of SEBI (Listing Obligations and Disclosure requirements) regulations, 2015.

Unit: Palred Technologies Limited

With reference to the subject cited, we wish to inform the Exchange that the meeting of the Board of Directors of M/s. Palred Technologies Limited was held on Monday, the 12th day of May, 2025, at 11:00 a.m. (IST), through Video Conferencing (VC) / Other Audio-Visual Means (OAVM), with the proceedings hosted from the registered office of the Company. The following matters were duly considered and approved:

  1. Appointment of Mr. Ravichandran Rajagopal (DIN: 00110930) as an Additional Director (Independent, Non-Executive) of the Company with effect from 13.05.2025, subject to the approval of the Members of the Company.

  2. Appointment of Mr. Harmendra Gandhi (DIN: 03599975) as an Additional Director (Independent, Non-Executive) of the Company with effect from 13.05.2025, subject to the approval of the Members of the Company.

  3. The Board of Directors has taken note of the retirement of Mr. Atul Sharma and Mr. S. Vijaya Saradhi from their positions as Independent Directors of the Company, effective from the close of business on 13th May 2025, upon the completion of their respective two consecutive five-year terms. The Board also placed on record its appreciation for the commendable contributions made by Mr. Atul Sharma and Mr. S. Vijaya Saradhi during their long and valued association with the Company.

  4. Re-Constitution of Audit Committee, Nomination and Remuneration Committee, Stakeholder Relationship Committees and Risk Management Committee of the company.

SHRUTI Digitally signed by SHRUTI MANGES MANGESH REGE Date: 2025.05.12 ~~H REGE 12:24:58 +05~~ ' ~~30~~ ' PALRED TECHNOLOGIES LIMITED CIN: L72200TG1999PLC033131

Regd. Office: H.No. 8-2-703/2/B, Plot.No.2 Road.No.12, Banjara Hills, Hyderabad, Telangana- 500034. Tele: +9140 67138810|Website:www.palred.com

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The details as required under Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are annexed herewith as Annexure – A.

The Meeting Commenced at 11:00 A.M and concluded at 12.10 P.M.

This is for the information and records of the Exchange, please.

Thanking you.

Yours faithfully,

For Palred Technologies Limited

SHRUTI Digitally signed by SHRUTI MANGE MANGESH REGE Date: Shruti Mangesh Rege SH REGE 2025.05.12 12:25:18 +05'30' CS & Compliance Officer

PALRED TECHNOLOGIES LIMITED CIN: L72200TG1999PLC033131

Regd. Office: H.No. 8-2-703/2/B, Plot.No.2 Road.No.12, Banjara Hills, Hyderabad, Telangana- 500034. Tele: +9140 67138810|Website:www.palred.com

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Annexure-A

S.
No.		 Details of
events that
need to be
provided		 Mr. Ravichandran
Rajagopal		 Mr. Harmendra Gandhi
1. Reason
for
change
viz.
appointment,
resignation,
removal, death
or otherwise;		 Appointment
of
Mr.
Ravichandran
Rajagopal
(DIN:
00110930)
as
an
Additional Director (Non –
Executive & Independent) of
the Company
.		 Appointment
of
Mr.
Harmendra Gandhi (DIN:
03599975) as an Additional
Director (Independent, Non-
Executive) of the Company.
2. Date
of
appointment
~~/Cessation (as~~
~~appointment)~~
&
Term
of
appointment		 13thMay, 2025
Appointment as Additional
Director (Non- Executive &
Independent)
of
the
Company for a term of 5
consecutive
years
commencing from May 13,
2025, subject to the approval
of the Shareholders of the
Company.		 13thMay, 2025
Appointment as Additional
Director (Non- Executive &
Independent)
of
the
Company for a term of 5
consecutive
years
commencing from May 13,
2025,
subject
to
the
approval
of
the
Shareholders
of
the
Company
3. Brief Profile (in
case
of
appointment);		 Mr. Ravichandran Rajagopal
holds
a
Post
Graduate
Diploma
in
Management
(PGDM)
from
the
Indian
Institute
of
Management
(IIM),
Calcutta,
and
a
Bachelor’s
degree
in
Engineering
from
Madras
University. He brings with him
extensive
experience
in
leadership and strategic roles
across various industries. He
currently serves as a Whole-
time Director on the Board of
Anjani Foods Limited and is
also an Independent Director		 Mr. Harmendra Gandhi has
over 30 years of experience
in corporate restructuring,
equity
research,
and
investment advisory across
diverse sectors. He has
served as a Lead Equity
Analyst for the Technology
and
Mid-cap
sectors
at
global financial institutions
such as Lehman Brothers
and Nomura Securities. In
addition, he has held key
roles
in
IT
services
companies, including IBM,
in both the USA and India.

PALRED TECHNOLOGIES LIMITED

CIN: L72200TG1999PLC033131 Regd. Office: H.No. 8-2-703/2/B, Plot.No.2 Road.No.12, Banjara Hills, Hyderabad, Telangana- 500034. Tele: +9140 67138810|Website:www.palred.com

SHRUTI Digitally signed by SHRUTI MANG MANGESH REGE ESH Date: 2025.05.12 REGE 12:25:32 +05'30'

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on the Boards of Andhra
Cements Limited and Sagar
Cements Limited.		 Mr. Gandhi holds an MBA
from the Indian Institute of
Management
(IIM),
Bangalore, and B.Tech from
the
Indian
Institute
of
Technology (IIT), Kanpur.
4. Disclosure
of
relationships
between
directors.		 Mr. Ravichandran Rajagopal
is not related to any Director
or KMP and Promoters of the
company.		 Mr. Harmendra Gandhi is
not related to any Director
or KMP and Promoters of
the company.
5. Shareholding,
if any in the
Company.		 Mr. Dhirendra Kumar Jain is
not holding any equity shares
of the Company as on date.		 Mr. Harmendra Gandhi is
not
holding
any
equity
shares of the Company as
on date.
6. Affirmation
that
the
Director being
appointed
is
not
debarred
from
holding
the office of
director
by
virtue of any
order of SEBI
or any other
such authority.		 We
affirm
that
Mr.
Ravichandran Rajagopal is
not debarred from holding the
office of director by virtue of
any order of SEBI or any
other such authority.
Nomination
and
Remuneration
Committee
and the Board of directors of
the
Company
has
also
verified
that
Mr.
Ravichandran Rajagopal is
not debarred from holding the
office of director pursuant to
any SEBI Order.		 We
affirm
that
Mr.
Harmendra Gandhi is not
debarred from holding the
office of director by virtue of
any order of SEBI or any
other such authority.
Nomination
and
Remuneration
Committee
and the Board of directors
of the Company has also
verified that Mr. Harmendra
Gandhi is not debarred from
holding the office of director
pursuant to any SEBI Order.

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SHRUTI MANG Digitally signed by SHRUTI MANGESH REGE ESH Date: 2025.05.12 12:25:46 +05'30' REGE

PALRED TECHNOLOGIES LIMITED CIN: L72200TG1999PLC033131

Regd. Office: H.No. 8-2-703/2/B, Plot.No.2 Road.No.12, Banjara Hills, Hyderabad, Telangana- 500034. Tele: +9140 67138810|Website:www.palred.com

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S.
No.		 Details of events that need
to be provided		 Mr. Atul Sharma Mr. S. Vijaya Saradhi
1. Reason for change viz.
~~appointment, resignation,~~
~~removal, death~~Cessation or
otherwise;		 Completion
of
tenure of Mr. Atul
Sharma
as
an
Independent
Director
of
the
company		 Completion of tenure of
Mr. S. Vijaya Saradhi as
an Independent Director
of the company
2. Date of appointment
/Cessation (as appointment)
Term of appointment		 Close of business
hours on May 13,
2025		 Close of business hours
on May 13, 2025
3. Brief Profile (in case of
appointment);		 Not Applicable Not Applicable
4. Disclosure of relationships
between directors.		 Not Applicable Not Applicable
5. Shareholding, if any in the
Company.		 Not Applicable Not Applicable
6. Affirmation that the Director
being appointed is not
debarred from holding the
office of director by virtue of
any order of SEBI or any
other such authority.		 Not Applicable Not Applicable

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SHRUTI Digitally signed by SHRUTI MANGE MANGESH REGE Date: 2025.05.12 SH REGE 12:26:04 +05'30'

PALRED TECHNOLOGIES LIMITED CIN: L72200TG1999PLC033131

Regd. Office: H.No. 8-2-703/2/B, Plot.No.2 Road.No.12, Banjara Hills, Hyderabad, Telangana- 500034. Tele: +9140 67138810|Website:www.palred.com

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