Mohite Industries Limited submitted a regulatory disclosure to BSE Limited regarding changes in the composition of its Board of Directors, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure covers three specific board changes:

1. Regularization of Mr. Sangramsinh Subhashrao Nimbalkar

  • Role: Non-Executive Independent Director
  • DIN: 00508548
  • Appointment Date: 09-03-2026
  • Term: 5 years
  • Profile: Mr. Nimbalkar holds a diploma in civil engineering and has over 30 years of experience as a successful businessman in government and semi-government industrial construction work, particularly sugar factory projects. He also has vast experience in building construction-related activities.
  • Relationship Disclosure: Not related to any Directors/Key Managerial Personnel of the Company
  • SEBI Status: Not debarred from holding office of Director by virtue of any SEBI order or other authority

2. Reappointment of Mr. Bhushan Madhukar Deshpande

  • Role: Non-Executive Independent Director
  • DIN: 08861720
  • Appointment Date: 24-10-2025
  • Term: 5 years
  • Profile: Mr. Deshpande holds a Diploma in Pharmacy (completed in 1988). Since 1989, he has been running his proprietary medical shop. He currently serves as Chairman of Pune Cricket Association.
  • Relationship Disclosure: Not related to any Directors/Key Managerial Personnel of the Company
  • SEBI Status: Not debarred from holding office of Director by virtue of any SEBI order or other authority

3. Reappointment of Mr. Nikhil Vijay Nawandhar

  • Role: Non-Executive Independent Director
  • DIN: 01291811
  • Appointment Date: 24-10-2025
  • Term: 5 years
  • Profile: Mr. Nawandhar is a Chartered Accountant who has been practicing in Sangli since 2006. He has wide experience in taxation and audit.
  • Relationship Disclosure: Not related to any Directors/Key Managerial Personnel of the Company
  • SEBI Status: Not debarred from holding office of Director by virtue of any SEBI order or other authority

Additional Information

The intimation was digitally signed by Shivaji Ramchandra Mohite, Managing Director (DIN 00425441), and will be made available on the company's website at https://mohite.com/.