Independent Director Ms. Usha Yogesh Patel Resigns from GSB Finance Board Citing Management Change

Ms. Usha Yogesh Patel (DIN: 06927669) has resigned from the position of Non-Executive Independent Director on the Board of GSB Finance Limited, with her resignation being effective from the close of business hours on December 2, 2025; her stated reason for cessation, which she confirmed has no other material basis, is the “proposed Management Change of the Company,” following the recent acquisition of a controlling stake by a new promoter group led by Mr. Vivek Kumar Singhal.