Escorts Kubota Limited announced that on the recommendation of Audit Committee, the Board of Directors of the Company at their meeting held on May 9, 2024, has designated Mr. Kushal Sharma to Head Internal Audit Function within the Company and he along with his team will continue to work with Ernst & Young LLP and/or other reputed firm(s) to conduct internal audit for the Company. Reasons for change: Appointment to comply with the Companies Act, 2013 to do the internal audit of the functions of the Company. Date of appointment: May 9, 2024.

Brief profile: Mr. Kushal Sharma is Chartered Accountant passed in November 2005 and having around 19 years of diversified experience in different verticals of finance and accounts and in various industries. Currently, he is working with Escorts Kubota Limited (Joined in November 2020) and leading the Financial Planning and Analysis and internal controls function.