Change in Director / Key Managerial Personnel

Nature of change: Designation as Senior Management Personnel

Appointments:

  • Mr. Ritesh Patel, Associate Vice President Technical Operations
  • DIN: Not provided
  • Effective date: November 5, 2026
  • Profile: BE in Chemical Engineering with 24 years of experience in plastic piping systems industry. Expertise in CPVC, PVC, PE and PP materials, new product development, R&D, technical support, product costing and cost optimization. Active member of Bureau of Indian Standard (BIS) committees including CED 50:2 (Plastic Piping Sectional Committee) and CED 22:4 (Fire Fighting Sectional Committee).
  • Mr. Pritesh Shah, Associate Vice President Finance & Accounts
  • DIN: Not provided
  • Effective date: November 5, 2026
  • Profile: Qualified Chartered Accountant (CA) since 1998 with 26 years of experience in Finance & Accounts within manufacturing industry. Expertise in Financial Reporting, FP&A, Treasury Management, Taxation, Regulatory Compliance, Internal Controls, ERP systems (SAP, Corporate Munims), team leadership, process improvement, SAP implementation, and Mergers & Acquisitions.

Reason for change: Based on recommendation of Nomination and Remuneration Committee

Relationship with other directors: Not Applicable (as per disclosure)

Confirmation of eligibility: Compliance with Regulation 16(1)(d) of SEBI Listing Regulations

Key Financial or Operational Approvals

Financial Results Approval:

  • Approved Unaudited (Standalone & Consolidated) Financial Results for quarter and half year ended September 30, 2026
  • Limited Review Reports enclosed with filing

Dividend Declaration:

  • Interim Dividend for financial year 2026-27 at rate of ₹1.50 per share
  • Face value: ₹1 per share
  • Record Date: Friday, November 13, 2026

Strategic or Business Context

No specific business outlook, risks, trends, or macro/micro developments disclosed in this filing.

Any Other Material Information

Meeting Details:

  • Board Meeting held on November 5, 2026
  • Meeting commenced at 02:45 p.m. and concluded at 03:40 p.m.

Regulatory Compliance:

  • Filed under Regulation 30 and 33 of SEBI LODR Regulations
  • SEBI Master Circular Reference: SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • BSE Circular Reference: LIST/COMP/14/2018-19
  • NSE Circular Reference: NSE/CML/2018/24 dated June 20, 2018

Company Information:

  • Registered & Corporate Office: 'Astral House', 207/1, Behind Rajpath Club, Off S. G. Highway, Ahmedabad - 380 059, Gujarat, India