Key Personnel Change

Mr. Puneet Sharma, SBU Head - Life Sciences of the Company, has resigned from his position effective from close of business hours on 21st August, 2026.

Resignation Details from Annexure-A

  • Reason for change: Resignation of Mr. Puneet Sharma from the position of SBU Head - Life Sciences
  • Date of cessation: With effect from close of business hours on 21st August, 2026
  • Brief profile: Not applicable
  • Relationships between directors: Not applicable

Resignation Letter Contents from Annexure-B

Date: 23rd May 2026

Addressee: Mr. Mautik Mehta, Deepak Nitrite Limited

Mr. Puneet Sharma stated his resignation is due to taking up an opportunity outside the organization after careful reflection, which he believes is right for the next chapter of his career.

Notice Period: In line with the contractual notice period of three months, his last working day and date of relieving would be 21st August 2026.

Transition Commitment: Mr. Sharma remains fully committed to a seamless transition covering ongoing business development engagements with global innovators, progress on technology platforms, and continuity for the team. He will work closely with management to onboard his successor.

Acknowledgments: He expressed gratitude for the opportunity to shape the Life Sciences division across agrochemical and pharma intermediates, personal care, and emerging platforms, and valued the trust, autonomy, and exposure extended by management.