Disclosure under Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Appointment Details

  • Director Appointed: Mr. Rasesh Girish Shah (DIN: 00442525)
  • Category of Director: Non-Executive Non-Independent Director
  • Date of Appointment: Effective from 13th August 2026
  • Appointment Basis: Appointment as an Additional Director, liable to retire by rotation
  • Approval Status: The appointment was approved by the Board of Directors at its meeting held on 13th August 2026, based on the recommendation of the Nomination and Remuneration Committee. It is subject to the approval of the company's members (shareholders).

Director's Profile and Qualifications

Mr. Rasesh Girish Shah holds a Master's degree in Business Administration (MBA) and is a Commerce graduate from Gujarat University, Ahmedabad. His professional background includes:

  • Considerable experience in the geosynthetics sector.
  • Expertise in the supply and application of geosynthetic products for infrastructure, water management, and government-related projects.
  • Association with supply and execution for various Government and semi-Government organisations, including projects for the Government of Gujarat, Border Roads Organisation (BRO), and the Indian Army.
  • He played an important role in facilitating a pilot project for "Farm Ponds" for water harvesting from the Water Resources Department, Government of Gujarat, for Texel Industries Limited.
  • His experience is expected to provide valuable inputs in business development, government and institutional opportunities, market development, project execution, and identifying new applications for geosynthetic products.
  • He is also actively associated with social-development initiatives for the upliftment of tribal communities, focusing on agricultural activities and improving economic opportunities.

Compliance and Regulatory Confirmations

  • The disclosure is made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015.
  • Pursuant to BSE Circular No. L1ST/COMP/14/2018-19 dated 20th June 2018, it is confirmed that Mr. Rasesh Girish Shah is not debarred from holding the office of Director by virtue of any order of the Securities and Exchange Board of India (SEBI) or any other authority.
  • The disclosure includes a confirmation that the requirement for disclosing relationships between directors is not applicable in this case.

Document and Company Details

  • Letter Date: 13th August 2026