1. Change in Designation - Mr. Jagdish Dedhia (DIN:01639945)
Changed from Chairman & Whole Time Director to Non-Executive (Non-Independent) Chairman
Effective from July 07, 2026 for a period of 5 consecutive years
Remuneration payable subject to approval of members at the ensuing general meeting
Mr. Dedhia holds a Bachelor of Science degree in Organic Chemistry from University of Mumbai with over 35 years of experience
He has been associated with the Company since 1990
He is cousin of Mr. Manish Dedhia and Mr. Sanjay Dedhia
Not debarred from accessing capital markets or restrained from holding director position
2. Change in Designation - Mr. Sanjay Dedhia (DIN:01552883)
Changed from Managing Director to Executive Vice Chairman & Managing Director
Effective from July 07, 2026 for a period of 5 consecutive years
Revision in remuneration payable subject to approval of members at the ensuing general meeting
Mr. Dedhia holds a Diploma in Chemical Engineering with over 31 years of experience in Sales and Marketing
He has been associated with the Company since 1993
He is brother of Mr. Manish Dedhia and cousin of Mr. Jagdish Dedhia
Not debarred from accessing capital markets or restrained from holding director position
3. Re-appointment - Mr. Manish Dedhia (DIN:01552841)
Re-appointed as Managing Director and CFO of the Company
Effective from July 07, 2026 for a period of 5 consecutive years
Revision in remuneration payable subject to approval of members at the ensuing general meeting
Mr. Dedhia holds a B.Com degree with over 27 years of experience, including more than two decades in plastic industry
He is brother of Mr. Sanjay Dedhia and cousin of Mr. Jagdish Dedhia
Not debarred from accessing capital markets or restrained from holding director position
4. Appointment - Mr. Pankaj Gharat (DIN:11810105)
Appointed as Additional Director (Executive, Non-Independent)
Effective from July 07, 2026 for a period of 5 consecutive years
Remuneration payable subject to approval of members at the ensuing general meeting
Mr. Gharat holds B.Tech (Mechanical Engineering), MBA (Operations), and B.Sc degrees with over 33 years of experience
Expertise includes Facility Management, Projects Execution, Labour Manpower Management, Quality Management System, and Overall Factory Operations
Has been associated with the Company since April 2011, currently holding position of General Manager - Operations
Previously associated with Murablack India Limited, Daikafill Chemicals India Limited, Sunrise Process Equipments Private Limited, and Yash Consultants
Not related to any Director, Key Managerial Personnel, or Promoters of the Company
Not debarred from accessing capital markets or restrained from holding director position
Additional Information
The 38th Annual General Meeting will be convened on Friday, July 31, 2026 at 03:30 p.m. (IST) through Video Conferencing/Other Audio Visual Means
The information is available on the company website at www.mitsuchem.com
The disclosure references SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026
