Date: September 26, 2026

KMP / Board / Auditor Changes

Re-appointment of Managing Director:

  • Mr. Jyotiprasad Devkinandan Chiripal (DIN: 00155695) has been re-appointed as Managing Director of the Company
  • Term: 5 years, effective from June 1, 2027 to May 31, 2032
  • Nomination & Remuneration Committee and Board of Directors recommended approval on August 12, 2026
  • Shareholders approved the re-appointment via special resolution on September 24, 2026

Profile Details:

  • Commerce graduate with over 40 years of business experience in fabric, yarn business, and knitted apparels
  • Expertise in finance, production, marketing, and new customer development for various Chiripal Group companies
  • Joined as Managing Director of Nandan Denim Limited in 2017 and was previously re-appointed effective June 1, 2022
  • During his tenure, focused on excelling and sustaining the Company's position as a successful organization with best governance standards
  • Brings in-depth knowledge of Company's functioning and enhances Board effectiveness

Other Directorships:

Holds directorships in the following companies:

  • Chiripal Industries Limited
  • True Green Bio Energy Limited
  • Chiripal Poly Films Limited
  • TG Power Solutions Private Limited
  • Grew Technologies Private Limited
  • Grew Solar Private Limited
  • Grew Renewables Private Limited
  • Grew Solartech Private Limited
  • Grew PVTech Private Limited
  • Grew Green Private Limited
  • Chiripal Industrial Park Private Limited
  • Zemex Petrochemicals Private Limited
  • Sparow Exports Private Limited
  • Shanti Innovation and Research Foundation
  • Omkar Dyeing and Printing Mills Private Limited
  • TG Bio Gas Private Limited

Relationship Disclosure:

  • Mr. Jyotiprasad Devkinandan Chiripal is the father of Mr. Deepak Chiripal (CEO of the Company)

Compliance Status:

  • Mr. Jyotiprasad Devkinandan Chiripal is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority

Other Operational / Legal / Strategic Disclosures

Regulatory Compliance:

  • Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Read with Para A of Part A of Schedule III to the said Regulations
  • Also compliant with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • Compliance with BSE Circular LIST/COMP/14/2018-19 and NSE Circular NSE/CML/2018/24, both dated June 20, 2018