PVR INOX Limited that the Board in its meeting held on May 30, 2024, has appointed Mr. Gaurav Sharma as the Chief Financial Officer and Key Managerial Personnel of the Company with effect from 1st August, 2024. Mr. Gaurav Sharma is associated with the Company since 22nd May 2022 as Sr. Vice President ­Finance and Head ­ Investor Relations. Mr. Gaurav Sharma is a seasoned finance professional with 18 years of holistic experience in corporate finance, strategy, M&A, JVs, investor relations, FP&A, treasury, equity and debt fund raising, cash flow management, business finance, budgeting and business analytics.

Mr. Gaurav Sharma is B. Tech in Mechanical Engineering from IIT Delhi along with MBA in Finance from SP Jain Institute of Management & Research, Mumbai. Mr. Gaurav Sharma has earlier served organizations like Bharti Enterprises (Bharti Airtel Group), Axis Capital and Avendus Capital holding important and crucial portfolio in finance. With reference to the captioned subject, it informed that Mr. Nitin Sood on May 30, 2024 submitted his resignation as the Chief Financial Officer and as the Key Managerial Personnel of the Company with effect from the close of business on 31st July 2024.

Mr. Nitin Sood has decided to move on to pursue opportunities outside the Company. Mr. Sood will continue to discharge his duties as the Chief Financial Officer of the Company, until aforesaid date to facilitate smooth transition. The Company has accepted his decision to resign from the services of the Company.

The Board placed on record its appreciation for the contribution made by him during his tenure with the company. Mr. Nitin Sood has been associated with the Company over 20 years and was appointed as the Chief Financial Officer effective from 2008.