The second consecutive term of Mr. Gosar as a Non-Executive Independent Director completed effective from the close of business hours on June 12, 2026. Consequently, he ceased to be a Non-Executive, Independent Director of the Company, and his membership and chairmanship in various committees of the Board also ceased to exist.
The Board of Directors and the Management of the Company placed on record their sincere appreciation for the valuable contribution and guidance provided by Mr. Dilip Khushalchand Gosar during his association with the Company as a Non-Executive, Independent Director.
The disclosure includes Annexure A with the following details as required under SEBI regulations:
- Reason for change: Retirement on account of completion of second term of Mr. Dilip Khushalchand Gosar as a Non-Executive, Independent Director
- Date of cessation: Retirement effective from closure of business hours on June 12, 2026
- Terms of re-appointment: Not applicable
- Brief profile: Not applicable
- Disclosure of relationships between directors: Not applicable
- Additional information pursuant to exchange circulars: Not applicable
The information was digitally signed by Gargi Suresh Sawant, Company Secretary & Compliance Officer, on June 12, 2026 at 19:52:03 IST. The disclosure is also available on the company's website at www.mitsuchem.com.