Nature of change: Re-appointment of Mr. Gouthamchand Sohanlal Chowdhary (DIN: 00196397) as Managing Director.
Effective date and tenure: Re-appointed for a further term of five consecutive years with effect from 01 September 2026 up to 31 August 2031, liable to retire by rotation.
Profile: One of the Promoters of the company, associated since 22 February 1985 (38 years). He supervises the overall functions of the company and oversees strategic initiatives and expansion plans. He completed schooling from Monfort School, Yercaud, Tamil Nadu.
Relationships: Father of Mr. Sambhav Gautam Chowdhary (Joint Managing Director) and Mr. Shreyans Gautam Chowdhary (Joint Managing Director).
Eligibility: Not debarred from holding office of director by virtue of any SEBI order or any other authority.
Re-appointment of Joint Managing Directors
Nature of change: Re-appointment of Mr. Sambhav Gautam Chowdhary (DIN: 01370802) and Mr. Shreyans Gautam Chowdhary (DIN: 01759527) as Joint Managing Directors.
Effective date and tenure: Both re-appointed for five consecutive years with effect from 01 September 2026 up to 31 August 2031, liable to retire by rotation.
Additional appointment: Mr. Shreyans Gautam Chowdhary was also re-appointed as a director liable to retire by rotation after retiring by rotation at the AGM.
Profile - Mr. Sambhav Gautam Chowdhary: One of the Promoters, associated since 22 February 2012. Holds a bachelor's degree in engineering from Gujarat University. Has served on the board of Sanstar Biopolymers Limited (merged with the company) since 30 March 2011. Responsible for day-to-day operations and expansion plans.
Profile - Mr. Shreyans Gautam Chowdhary: One of the Promoters, associated since 22 February 2012. Holds a bachelor's degree in engineering from Gujarat University and a master's degree in Management with Marketing Specialism from The London Sir John Cass Business School. Employed at Infosys Technologies Limited during 2005-2006. Responsible for commercial and sales related aspects.
Relationships: Both are sons of Mr. Gouthamchand Sohanlal Chowdhary (Managing Director) and brothers to each other.
Eligibility: Neither is debarred from holding office of director by virtue of any SEBI order.
Regularisation of Nominee Director
Nature of change: Regularisation of appointment of Mr. Jacques Georges Florent Guglielmi (DIN: 10603100) as Nominee Director.
Background: Appointed by the Board as Additional Director (Nominee Director) with effect from 24 June 2026, representing Corn Products Development Inc.
Regularisation: Approved by members at AGM on 23 September 2026. He shall hold office as Nominee Director not liable to retire by rotation, in accordance with Companies Act, Articles of Association, SSA and SHA.
Profile: Vice President, Asia-Pacific and Global Pharma Beauty & Home - Singapore, COO PureCircle at Ingredion Incorporated. Previously served as Vice President and General Manager, China-Shanghai at Ingredion Incorporated.
Relationships: None disclosed with other directors.
Eligibility: Not debarred from holding office of director by virtue of any SEBI order.
Regularisation of Independent Director
Nature of change: Regularisation of appointment of Mr. Niraj Yogeshbhai Shah (DIN: 06362791) as Independent Director.
Background: Appointed by the Board as Additional Director (Independent Director) with effect from 24 June 2026.
Regularisation: Approved by members at AGM on 23 September 2026 for a first term of three consecutive years pursuant to Sections 149, 150 and 152 of Companies Act, 2013 and Regulation 25(2A) of SEBI LODR. Not liable to retire by rotation.
Eligibility: Not debarred from holding office of director by virtue of any SEBI order.
Any Other Material Information
Approval Process: All appointments were approved by members at the 44th Annual General Meeting held on 23 September 2026 through Video Conferencing/Other Audio-Visual Means, based on recommendations from the Nomination and Remuneration Committee and Board of Directors.
Regulatory Compliance: The disclosures are made pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI LODR and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30 January 2026.
Company Secretary: Fagun Harsh Shah, Company Secretary & Compliance Officer (Membership No.: ACS-62163) signed the disclosure.
