Change - Announcement of Appointment::Re-Designation of Ms. Chada Anitha Reddy

Issuer & Securities

Issuer/ Manager
DIGILIFE TECHNOLOGIES LIMITED
Securities
DIGILIFE TECHNOLOGIES LIMITED - SG1BD0000008 - BAI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
27-Aug-2025 15:59:21
Status
New
Announcement Sub Title
Re-Designation of Ms. Chada Anitha Reddy
Announcement Reference
SG250827OTHREAWK
Submitted By (Co./ Ind. Name)
Shivani Srivastva Wadhwa
Designation
Executive Director & Vice Chairperson
Description (Please provide a detailed description of the event in the box below)
The re-designation of Ms. Chada Anitha Reddy from Executive Director & Chairperson to Non-Executive Director & Chairperson.

This announcement has been reviewed by the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Shervyn Essex, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Date Of Appointment
01/09/2025
Name Of Person
Chada Anitha Reddy
Age
54
Country Of Principal Residence
Singapore
Date of last re-appointment (if applicable)
29/04/2024
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Nomination Committee ("NC"), after considering the qualifications, experience and ongoing commitment of Ms. Anitha, is of the view that her continued association as Chairperson of the Company will provide stability and guidance to the Board. In light of (i) the Company s recent disposal of its Telecom business through Modi Indonesia 2020, (ii) the proposed disposal of its ICT business through Bharat IT Services Limited, and (iii) the Company's future plans to branch into the Indian Autoclaved Aerated Concrete business, the Board is turning its current focus to cost rationalisation and optimal utilisation of resources. Accordingly, the NC has recommended that Ms. Anitha be redesignated as Non-Executive Non-Independent Chairperson of the Company. This will ensure that the Company continues to benefit from her leadership and experience, while aligning with its objective of cost optimisation.
Whether appointment is executive, and if so, the area of responsibility
The appointment will be non-executive.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director & Chairperson
Professional qualifications
Master of Business Administration
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
December 2022 - Present: Executive Director Digilife Technologies Limited

April 2021 - November 2022: Director-General Manager of Spice Global Ventures Pte. Ltd.

April 2020 - March 2021: Director of Smart Co. Holding Pte. Ltd.

April 2018 - March 2020: Director of Smart Innovations Global Pte. Ltd.

April 2017 - April 2018: Head Human Resource Department of Digilife Technologies Limited (formerly known as Sevak Limited and S i2i Ltd.)

January 2016 - April 2017: Director of Smart Health City Pte. Ltd.

April 2011 - January 2016: Head Human Resource Department of Digilife Technologies Limited (formerly known as Sevak Limited and S i2i Ltd.)
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Ms. Anitha holds 6,690 ordinary shares in the Company
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
Please refer the attachment
Present
Please refer the attachment
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Director of Digilife Technologies Limited since December 2022

Attachments