Date: September 01, 2026

KMP / Board / Auditor Changes

Name, Designation, and Change:

  • Mr. Hayato Kashiwagi has been appointed as the Managing Director in the category of Executive Director.
  • The change is an appointment.

Effective Date and Term:

  • The appointment is effective from September 01, 2026, at 09:00 AM.
  • The term of the appointment is 3 years.

Profile and Background:

  • Mr. Kashiwagi previously served as the Regional Business Product Director of DIC Asia Pacific Pte Ltd (DICAP), with overall responsibility for product growth across all operating entities of the Packaging and Graphic Division in the DICAP region.
  • He has a 25-year career at DIC Corporation, covering multiple areas in sales and marketing, corporate management, and international business.
  • He holds a Bachelor of Commerce degree from Doshisha University.
  • He brings experience from working with Group companies in Japan, Asia Pacific, and China regions.
  • He is also a Director of DIC Malaysia Sdn Bhd, PT DIC Graphics, DIC Philippines Inc, DIC Vietnam Co. Ltd, DIC Bangladesh Private Limited, DIC Australia Pty Ltd, DIC India Ltd., and DIC Lanka (Private) Limited.
  • He has been appointed as a director of DIC Fine Chemical Private Limited effective September 01, 2026.
  • Prior to this appointment, he was serving as a Non-Executive Director on the board of DIC India Limited.

Relationship with Other Directors:

  • There is no inter-se relationship between Mr. Kashiwagi and other directors, except that he was earlier serving on the Board as a Non-Executive Director.

Regulatory Compliance:

  • Mr. Kashiwagi is not debarred from holding the office of director by virtue of any SEBI order or any other authority.
  • The appointment is subject to the approval of shareholders and the Central Government as prescribed under the Companies Act, 2013.
  • The company has initiated the process of seeking shareholders' approval and will initiate the process for Central Government approval within prescribed timelines.

Other Operational / Legal / Strategic Disclosures

No material disclosures under the following sections:

Dividend Declaration, Board Meeting Outcomes, Financial Results, Auditor’s Report, Disinvestment / Strategic Actions, Media Release / Investor Communication.