In a recent filing with the National Stock Exchange of India (NSE) and BSE Limited, Tribhovandas Bhimji Zaveri Limited (TBZ) announced that Mukesh Gajra, the company’s President - Retail & Operations, has tendered his resignation. His resignation will be effective from the close of business hours on 11th February 2025.

This move follows a formal communication from Mr. Gajra, in which he expressed his decision to step down and relocate to his home base for personal reasons. TBZ has confirmed the resignation as per the requirements laid out in Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. A detailed profile of Mr. Gajra’s resignation and his tenure at TBZ is enclosed as part of the company's regulatory compliance.

In his resignation letter, Mukesh Gajra thanked the leadership team, particularly Ms. Binaisha Zaveri and Ms. Raashi Zaveri, for their support and mentorship during his tenure. He also expressed his gratitude for the guidance received over the past two years, during which the company achieved significant milestones in the retail and operations sectors. He assured the company of his full support in ensuring a smooth handover and continued operations until his departure.

Disclosure Compliance
As part of the disclosure under Regulation 30, TBZ has provided all necessary information in the filing to comply with the SEBI requirements. The detailed information regarding the resignation includes:

• Reason for Change: Resignation
• Date of Appointment/Cessation: 11th February 2025 (from close of business hours)
• Brief Profile: Not applicable as this is a resignation
• Disclosure of Relationships Between Directors: Not applicable
• Resignation Letter and Reason: A copy of Mr. Gajra’s resignation letter is attached to the disclosure.

TBZ’s commitment to maintaining transparency and adhering to the disclosure regulations is evident in this filing. The company’s shareholders and stakeholders are notified in line with regulatory obligations.

About Tribhovandas Bhimji Zaveri (TBZ)
Tribhovandas Bhimji Zaveri Limited (TBZ) is one of India’s most reputed and established jewellery retailers. With a legacy that spans over a century, TBZ offers a wide range of gold, diamond, and precious stone jewellery, and has a strong presence in the Indian market. The company has been known for its commitment to quality, trust, and customer satisfaction, solidifying its place as one of India’s leading jewellery brands.

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