Mr. Sanjiv Chadha (DIN: 00356187), a Non-Executive Non-Independent Director, tendered his resignation via letter dated May 23, 2026.
Resignation effective from May 23, 2026 (end of the day).
Mr. Chadha had over 20 years of association with Polyplex Corporation Limited as a director.
Reason for resignation: Personal/professional reasons (as stated in resignation letter).
Resignation letter enclosed as Annexure 1 to the disclosure.
Appointment of New Director
The Board of Directors, in their meeting held on May 23, 2026, approved the appointment of Mr. Ranjit Singh (DIN: 01651357) as a Non-Executive Non-Independent Director (Additional).
Appointment effective from May 25, 2026.
Mr. Singh will be liable to retire by rotation.
Appointment was made on the recommendations of the Nomination and Remuneration Committee.
Mr. Singh confirmed he is not debarred from holding the office of director pursuant to any SEBI or other authority order.
Director Background Information
Mr. Ranjit Singh's Profile
Educational qualifications: Engineer from BITS Pilani and MBA from IIM Ahmedabad.
Professional experience: Over 40 years of experience in corporate management in Indian, international, and multicultural business environments.
Previous association: Served on the Board of the Company as an Independent Director for 10 years.
Current engagements: Involved in social sector and startup ecosystem as Consultant, Mentor, Investor, and Promoter.
Relationship disclosure: Not related to any director/Key Managerial Personnel of the Company.
Board Meeting Details
Meeting date: May 23, 2026
Commencement time: 1610 hours (IST)
Conclusion time: 1815 hours (IST)
Additional Actions
Disclosure uploaded to company website: www.polyplex.com
Requested to take on record by both BSE Limited and National Stock Exchange of India Limited
