Mitsu Chem Plast Ltd — Important, 08-07-2026: Company Update

The company's board has approved significant leadership restructuring aimed at strengthening its executive team. Mr. Jagdish Dedhia transitioned from Chairman & Whole Time Director to Non-Executive (Non-Independent) Chairman for five years. Mr. Sanjay Dedhia was redesignated as Executive Vice Chairman & Managing Director, and Mr. Manish Dedhia was re-appointed as Managing Director and CFO, both for five-year terms with revised remuneration. Additionally, Mr. Pankaj Gharat was appointed as an Additional Director (Executive, Non-Independent) for five years. All these changes await member approval at the forthcoming Annual General Meeting.