The members of the Company approved four key resolutions regarding the composition of the Board of Directors:

1. Appointment of Mr. Alpesh Jagdishbhai Nayak

  • Role: Non-Executive Independent Director
  • Term: First term of 5 consecutive years
  • Effective: September 3, 2026 to September 2, 2031
  • Status: Not liable to retire by rotation
  • Profile: Aged 48 years, Plastic Engineer with professional experience in plastics and stationery industry. Currently serving as Vice President at Anand International, involved in business operations and management. Previously served as Proprietor of Aadhya Enterprise. Expertise includes business management, operations and plastics industry.
  • DIN: 11848319
  • Relationships: No relationships between directors disclosed
  • Compliance: Affirmed not debarred from holding director office by SEBI or any other authority

2. Re-appointment of Mr. Ramesh Tainwala

  • Role: Chairman and Managing Director
  • Term: Second term of 5 consecutive years
  • Effective: August 9, 2027 to August 8, 2032
  • Remuneration: Without remuneration
  • Special Approval: Continuation of directorship upon attaining age of 70 years on September 8, 2029
  • Status: Not liable to retire by rotation
  • Profile: Seasoned business leader with over four decades of experience in chemical and plastics industry. Holds Master's degree in Management Studies from BITS Pilani. Former Global CEO of Samsonite (2014-2018). Associated with Tainwala Chemicals since inception, serving on Board from 1985-2008 and rejoined in FY2022. Joint venture partner for Samsonite India, Samsonite Middle East, Wacoal India, and Alpargatas India.
  • DIN: 00234109
  • Relationships: Brother of Mr. Rakesh Tainwala, Non-Executive Non-Independent Director
  • Compliance: Affirmed not debarred from holding director office by SEBI or any other authority

3. Re-appointment of Mr. Devendra Saligram Anand

  • Role: Non-Executive Independent Director
  • Term: Second term of 5 consecutive years
  • Effective: August 8, 2027 to August 7, 2032
  • Status: Not liable to retire by rotation
  • Profile: Over 40 years of experience in writing instrument manufacturing. Introduced the "Digno" brand in 1983. Expanded company from 500 sq. ft. manufacturing facility to over 150,000 sq. ft. Presence in over 40 countries, first Indian company to export writing instruments to Germany. Recognized as leading exporter with numerous top exporter awards.
  • DIN: 09686031
  • Relationships: None disclosed
  • Compliance: Affirmed not debarred from holding director office by SEBI or any other authority

4. Re-appointment of Mr. Uday Ramniklal Mehta

  • Role: Non-Executive Independent Director
  • Term: Second term of 5 consecutive years
  • Effective: August 8, 2027 to August 7, 2032
  • Status: Not liable to retire by rotation
  • Profile: Aged 67 years, Commerce Graduate with 4 decades of experience in corporate governance, finance, and oversight. Expertise enables effective oversight and guidance on regulatory and operational matters.
  • DIN: 00569577
  • Relationships: Not related to any of the Directors of the Company
  • Compliance: Affirmed not debarred from holding director office by SEBI or any other authority