Change in Director / Key Managerial Personnel

  • Nature of change: Appointment of an Additional Non-Executive Director in the designation of Independent Director.
  • Name and DIN: Shri Durg Vijay Singh Deo (DIN: 12005387).
  • Effective date and tenure: Appointed with immediate effect from 22nd October 2026, with tenure up to the date of the next General Meeting. The Administrative Ministry (Ministry of Petroleum & Natural Gas) has nominated him for a period of three years with effect from 5th October 2026, or until further orders, whichever is earlier.
  • Profile and qualifications: Shri Durg Vijay Singh Deo is an academician with over 10 years of teaching experience. He holds a Bachelor of Arts degree and a Master of Arts degree in Political Science.
  • Eligibility confirmation: The company affirms that Shri Deo is not debarred from holding the office of Director by virtue of any order of SEBI or any other authority, in compliance with Circular no. LIST/COMP/14/2018-19 dated 20th June 2018 and respective Master Circulars from BSE and NSE.
  • Relationship with other directors: Shri Deo does not have any inter-se relationship with other Directors of the Company.
  • Approval process: The appointment was made based on the recommendation of the Nomination and Remuneration Committee and pursuant to a letter (reference no. CA-31033/1/2026-CA-PNG (55708) dated 5th October 2026) from the Ministry of Petroleum & Natural Gas, Government of India. It was approved by the Board of Directors via Resolution by Circulation dated 16th October 2026, passed on 22nd October 2026. The appointment is subject to approval by shareholders at the forthcoming Annual General Meeting.

Key Financial or Operational Approvals

This section does not apply to this disclosure as no financial or operational approvals were mentioned.

Strategic or Business Context

This section does not apply to this disclosure as no strategic or business context was provided.

Any Other Material Information

  • Regulatory compliance: The disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • Company details: Company Code: BALMLAWRIE (NSE), Scrip Code: 523319 (BSE).