Outcome of Board Meeting held on April 04, 2025

The Board of Directors of FOSECOIND has noted the completion of the tenure of the previous Secretarial Auditor, Rajesh Karunakaran & Co., and appointed J B Bhave & Co. as the new Secretarial Auditor for a five-year term, subject to shareholder approval. Additionally, Mr. Vineet Thakar, the Sales, Marketing & Technology Director, has resigned effective March 31, 2025, and is currently serving his notice period.

Reported results are the point at which prior management commitments become checkable against audited or reviewed numbers.

• Margin trend against the prior period
• Cash from operations against reported profit
• Whether prior guidance is reaffirmed