Axel Polymers Ltd. — Board/Management Information 2025

Aug 18, 2025

Registered Office & Plant: 309, Moxi, Sankarda - Savli Road, Tal. Savli Dist. Vadodara - 391 780, Gujarat, India. CIN : L25200GJ1992PLC017678 Web : www.axelpolymers.com • Email : info@axelpolymers.com

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18[th] August, 2025

To, The Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai 400 001

BSE Scrip Code: - 513642

Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in respect of appointment of Independent Director

Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR’), we would like to inform you that the Board of Directors of the Company at its meeting held on Monday, August 18, 2025, inter-alia considered and appointed Mr. Ashokkumar Natwarlal Shah (DIN: 06977676) as Additional Director of the Company to hold office upto next Annual General Meeting as well as Independent Director of the Company for a term of five consecutive years with effect from 18[th] August, 2025.

The detailed information required as per LODR read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is given as per ‘Annexure A'.

The Board meeting commenced at 02:00 PM and concluded at 02:45 PM

Kindly take the same on record.

Thanking you,

Yours faithfully,

For Axel Polymers Limited

ASHISH CHAUDHARY Digitally signed by ASHISH CHAUDHARY DN: c=IN, postalCode=390022, st=GUJARAT, street=1167 ,VAIKUNTH-2 ,VADODARA,NEW VIP ROAD ,390022, l=VADODARA, o=Personal, serialNumber=633a7a1a0441346e091b34a382af508482e84b218a55e3c5560fb34f3a571243, pseudonym=c096439748f64df89a10a9f30f257877, 2.5.4.20=564c08d7a1b17ccf5c68c4c43806977c9644651208f7880f896ac32aedf0abfe, email=ASHISHCHAUDHARY81298@GMAIL.COM, cn=ASHISH CHAUDHARY Date: 2025.08.18 14:52:00 +05'30'

Ashish Chaudhary Company Secretary and Compliance Officer Membership no. – A72705

Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546

Registered Office & Plant: 309, Moxi, Sankarda - Savli Road, Tal. Savli Dist. Vadodara - 391 780, Gujarat, India. CIN : L25200GJ1992PLC017678 Web : www.axelpolymers.com • Email : info@axelpolymers.com

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Annexure – A

Details required under Regulation 30 of LODR read with SEBI Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

Appointment of Mr. Ashokkumar Natwarlal Shah (DIN: 06977676) as Additional Director and Independent Director of the Company

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Sr. Details of events that need to Relevant Particulars
No. be provided
1. Reason for change viz. Appointment as Additional Director and Independent
appointment, reappointment, Director
resignation, removal, death or
otherwise
2. Date of appointment/ Appointment as an Additional Director to hold office
reappointment /cessation (as upto next Annual General Meeting and as an
applicable) & Term of Independent Director for one term of Five consecutive
appointment years with effect from 18 [th] August, 2025
3. Brief profile (in case of Please refer below
appointment)
4. Disclosure of relationships Not related
between directors (in case of
appointment of a director)
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Brief Profile of Mr. Ashokkumar Natwarlal Shah

Mr. Ashokkumar Natwarlal Shah, aged about 71 years, completed his Graduation in Bachelor of Commerce and thereafter completed his Post Graduation Diploma in Tax Practice.

Mr. Ashokkumar Natwarlal Shah has Rich Corporate experience of about 43 years mainly in the areas of Finance, Accounts, taxation, legal and commercial.

1. Presently, Independent Director in Steelco Gujarat Limited, Vadodara –

Since 15.04.2024 till date.

  - Chairman of Audit committee mainly reviewing Internal and Statutory Audit compliances, observations, guidance in relevant areas.

1. Presently, Finance Controller in Hi-Mak Pvt Ltd.

2. Since 2009 till date

Heading Finance, Accounts, HR, legal and other departments of the company.

1. Was Executive Director – SS Automation Pvt Ltd. Bangalore –

Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546

Registered Office & Plant: 309, Moxi, Sankarda - Savli Road, Tal. Savli Dist. Vadodara - 391 780, Gujarat, India. CIN : L25200GJ1992PLC017678 Web : www.axelpolymers.com • Email : info@axelpolymers.com

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Since 2014 to 2018.

Looking after observation, guidance, system development in Finance, Accounts and HR department.

1. Executive Director at Hemant Plastics and Chemicals Limited – Vadodara since 2015 to 2017 and 2018 till date, looking after overall finance, accounts and all other legal matter which is unoperational since last three years.

3. Was Senior Finance Manager with Enlightenment 99 Software Pvt Ltd. – Canada based International Recruitment Company from 2008 to 2011 looking after all Financial, Accounts and legal matter including international law and other matter.

4. Was Senior Finance and Account Manager at Polymechplast Machines Ltd.–from Nov. 1986 to May 2008. Looking after all aspects for growing the company from Partnership to Public Limited Company.

5. Was Accounts Manager with Hagochi Chemicals Pvt Ltd. from June 1982 to Oct. 1987.

Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546