Change in Director / Key Managerial Personnel

Nature of change: Appointment of Chief Executive Officer for Advanced Intermediates Business

Name and DIN: Shri Lohit Shringi (DIN not disclosed in the data)

Effective date and tenure: Effective from 4th August, 2026 as a permanent employee

Brief profile and qualifications:

  • Completed B.E. (Electrical) from University of Rajasthan, Jaipur
  • MBA from Management Development Institute, Gurgaon
  • Certificate in Advanced Leadership Development from University of Virginia, US
  • Brings over 27 years of leadership experience across P&L management, business transformation, strategy execution, innovation, operations, and governance
  • Previously served as Executive Director and Chief of Specialty Chemicals at PCBL Chemical Limited, leading global business with strategic oversight across commercial, operations, innovation, and supply chain functions spanning multiple international markets
  • Held leadership positions with DuPont across multiple geographies and roles

Confirmation of eligibility: The disclosure states compliance with SEBI Listing Regulations requirements under Regulation 30 and SEBI Master Circular No. HO/49114114(7)2025-CFD-POD?/113762/2026 dated 30th January 2026

Relationship with other directors: Not disclosed in the data (marked as "Nit" in the annexure)

Previous KMP: The data does not specify who held the position earlier or what happened to their tenure

Key Financial or Operational Approvals

The Board of Directors meeting held on 4th August, 2026 approved the appointment of Shri Lohit Shringi as Chief Executive Officer-Advanced Intermediates Business. The meeting commenced at 2:00 PM and concluded at 5:00 PM. No other financial or operational approvals are mentioned in the data.

Strategic or Business Context

The data does not contain specific commentary on business outlook, risks, trends, or macro/micro developments related to this appointment. The focus is solely on the management appointment without additional strategic context.

Any Other Material Information

The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Corporate Office is located at 2nd Floor, Fermenter House, Alembic city, Alembic Avenue Road, Vadodara - 390 003, Gujarat, India. The disclosure was signed by Arvind Bajpai, Company Secretary.