Nature of change: Re-appointment of five directors approved by shareholders at the 58th Annual General Meeting held on Monday, 28th September 2026.
Mrs. Vanessa Singh (DIN: 09342022): Re-appointed as an Independent Director for a second term of five consecutive years, commencing from 30th September 2026 up to 29th September 2031. Not liable to retire by rotation. Aged 38 years, holds a Bachelor's Degree in Law and Diploma in Human Rights and Law. Trained Mediator completed training under Mediation and Conciliation Project Committee (MCPC) Supreme Court of India. Extensive work experience of over a decade in civil, criminal litigation and arbitration matters in Delhi and Mumbai. Currently practicing family law in Mumbai. Not related to any other directors. Not debarred from holding office by SEBI or any other authority.
Mr. Zubin Billimoria (DIN: 07144644): Re-appointed as an Independent Director for a second term of five consecutive years, commencing from 30th September 2026 up to 29th September 2031. Not liable to retire by rotation. Aged 61 years, holds a Bachelor's degree in Commerce, Fellow Chartered Accountant and Associate Member of the Institute of Company Secretaries of India. Previously associated with Deloitte Haskins & Sells, Chartered Accountants. Currently Director in People Home Finance Limited (formerly Capital India Home Loans Limited) and The Zoroastrian Co-operative Bank Limited. Wide experience in Accounts, Taxation, Governance, Risk Assessment and Finance. Not related to any other directors. Not debarred from holding office by SEBI or any other authority.
Mr. Sriraman Raghuraman (DIN: 00228061): Re-appointed as an Independent Director for a second term of five consecutive years, commencing from 30th September 2026 up to 29th September 2031, in terms of Regulation 17(1A) of SEBI LODR Regulations. Not liable to retire by rotation. Aged 73 years, holds a Bachelor's Degree in Science and Law, Fellow Member of the Institute of Company Secretaries of India, Fellow Member of the Institute of Cost & Works Accountants of India, Post Graduate Diploma in Management from All India Institute of Management. Extensive professional experience of 41 years with significant executive leadership in corporate sector. Currently Director in various companies and consultant for group company matters at Deepak Fertilizers and Petrochemicals Corporation Limited. Not related to any other directors. Not debarred from holding office by SEBI or any other authority.
Mr. Ratnakar Barve (DIN: 09341821): Re-appointed as a Whole-time Director for a second term of five consecutive years, subject to shareholder approval. Effective from 30th September 2026 to 29th September 2031. Aged 60 years, holds a Bachelor's degree in Electronics & Telecommunication Engineering and MBA in Operations Management. 38 years of experience in manufacturing industry and projects. Career began in 1987 at Goa Telecommunications & Systems Limited. Worked at Bharati Teletech Limited (manufacturing arm of Bharati Airtel Ltd) since 1995, part of First Transmission project of Airtel Ltd. Promoted to Plant Head in 2002 before joining Finolex in 2009. Extensive experience in Production, Projects & R&D departments. Not related to any other directors. Not debarred from holding office by SEBI or any other authority.
Mr. Nikhil Naik (DIN: 00202779): Re-appointed as a Non-Executive Non-Independent Director, liable to retire by rotation. Aged 64 years, holds M.Sc. in Shipping, Trade and Finance (Distinction) from Bayes Business School, London (formerly Cass Business School). 44 years of professional experience in port management, shipping, private equity, and logistics businesses. Expertise includes leadership and strategic management, financial analysis, nurturing business management teams, building customer relationships, and networking with government authorities. Not related to any other directors. Not debarred from holding office by SEBI or any other authority.
Any Other Material Information
All re-appointments were approved through Special Resolutions (items 1-4) and Ordinary Resolution (item 5) at the 58th AGM.
The disclosure is made under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The company provided all required disclosures pursuant to BSE Circular LIST/COMP/14/2018-19 and NSE Circular NSE/CML/2018/24, both dated 20 June 2018.
