Axel Polymers Ltd. - Board/Management Information 2025

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

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29[th] May, 2025

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

BSE Scrip Code: - 513642

Sub: Outcome of Board Meeting held on Thursday, May 29, 2025

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 Thursday, May 29, 2025, inter-alia considered and:

Approved the Audited Financial Results of the Company for the Fourth quarter and year ended on 31[st] March, 2025, as reviewed and recommended by the Audit Committee, and took note of Independent Auditor’s Report issued by Statutory Auditors of the Company M/s. Mukund and Rohit., Chartered Accountants pursuant to Regulation 33 of the LODR.
Approved the appointment of Mr. Chirag Shah as Additional Director (Independent Director) of the Company with effect from 29[th] May, 2025.
Reappointed M/s. Chirag Bhatt & Associates as Internal Auditor of the Company for the Financial Year 2025-26
Appointed M/s. Devesh Pathak & Associates, Practising Company Secretaries as a Secretarial Auditor for the term of five years beginning from the Financial Year 2025-26,
Reconstituted Audit Committee, Nomination and Remuneration Committee as well as Stakeholders Relationship Committee by inducting Mr. Chirag Shah to all aforesaid Committees.

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 to Annexure - F'.

The Board meeting commenced at 01:15 PM and concluded at 02:45 PM

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

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Kindly take the same on record.

Thanking you,

Yours faithfully,

For Axel Polymers Limited

GAURAV SURENDRA THANKY Digitally signed by GAURAV SURENDRA THANKY DN: c=IN, o=PERSONAL, pseudonym=96e3a615fb2843aaaf57bf19f460ee5f, 2.5.4.20=f72d7651e9f5e07ece9386a5754aca6a3f2ffabce883466c1af52832de4471a1, postalCode=400067, st=MAHARASHTRA, serialNumber=4bdc21db10c21bf1a12ea1a2b9be45e401debc4b5b822ec16c4be754af798aa4, cn=GAURAV SURENDRA THANKY Date: 2025.05.29 14:52:42 +05'30'

Gaurav Thanky Chairman & Managing Director DIN: 02565340

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

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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. Chirag Shah as Additional Director (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 (Independent
appointment, reappointment, Director)
resignation, removal, death or
otherwise
2. Date of appointment/ 29 [th] May, 2025
reappointment /cessation (as
applicable)
3. Term of appointment One term of Five years
4. Brief profile (in case of Mr. Chirag B. Shah is a professional and a Fellow
appointment) Member of the Institute of Company Secretaries of India
(ICSI). He holds a Master’s degree in Commerce.
Additionally, his Bachelor’s degree in Law complements
his expertise by providing a comprehensive grasp of
legal principles, corporate regulations, and judicial
processes. With a distinguished career spanning over 24
years in professional practice, complemented by an
additional 3 years of hands-on industry experience, he
has firmly established himself as a prominent leader and
trusted expert in his field. His deep understanding of
corporate, legal, and compliance matters stems from
decades of dedicated service, consistently delivering
innovative and effective solutions to complex
challenges.
5. Disclosure of relationships Not related
between directors (in case of
appointment of a director)
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Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546

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Annexure – B

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 M/s Devesh Pathak & Associates, Practising Company Secretaries as Secretarial Auditor

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Sr. Details of events that need to be Relevant Particulars
No. provided
1. Reason for change viz. appointment, Appointment as Secretarial Auditor
resignation, removal, death or
otherwise
2. Date of appointment/ 29 [th] May, 2025
reappointment/ cessation (as
applicable)
3. Term of appointment For the term of five years from the Financial Year
2025-26
4. Brief profile (in case of appointment) M/s. Devesh Pathak & Associates, Practising
Company Secretaries, Vadodara provide
professional services for corporate planning and
compliances including advisory and certification
services, corporate actions, representation before
various regulatory authorities, scrutinizers,
trademarks services, liquidator for voluntary
liquidation etc.
The firm holds a valid Peer Review Certificate
issued by the ICSI.
CS Mr. Devesh Pathak, the founder of the firm, is
a Fellow Member of ICSI and Registered
Insolvency Professional having extensive
experience of over 4 decades mainly in corporate
laws.
5. Disclosure of relationships between Not Applicable
directors (in case of appointment of a
director)
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Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546

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Annexure – C

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

Reappointment of M/s. Chirag Bhatt & Associates Chartered Accountants as Internal Auditor of the Company

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Sr. Details of events that need to be Relevant Particulars
No. provided
1. Reason for change viz. appointment, Reappointment of M/s. Chirag Bhatt &
reappointment, resignation, removal, Associates as Internal Auditor of the Company
death or otherwise
2. Date of appointment /reappointment/ 29 [th ] May, 2025
cessation (as applicable)
3. Term of appointment / reappointment F.Y. 2025-26
4. Brief profile (in case of appointment) M/s Chirag Bhatt & Associates, Chartered
Accountants (Firm reg. no. 148286W),
Vadodara possesses a rich experience of about
7 years in the areas of Accounts, Audit, Direct
& Indirect Taxation and allied fields.
5. Disclosure of relationships between Not Applicable
directors (in case of appointment of a
director)
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Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546

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Annexure –D

Reconstitution of Audit Committee:

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Sr. No. Name of Director Designation Chairman /
Member
1. Mr. Haresh Kothari Non-Executive - Independent Chairman
Director
2. Mr. Chirag Shah Non-Executive - Independent Member
Director
3. Mr. Gaurav Thanky Managing Director Member
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Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546

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Annexure –E

Reconstitution of Nomination and Remuneration Committee:

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

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Annexure –F

Reconstitution of Stakeholders’ Relationship Committee:

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

AI assistant

Axel Polymers Ltd. Board/Management Information 2025

60547_rns_2025-05-29_75d85b96-67e6-46fb-b4ea-a88ac0b9fb5f.pdf

29[th] May, 2025

Sub: Outcome of Board Meeting held on Thursday, May 29, 2025

Yours faithfully,

For Axel Polymers Limited

Annexure – A

Annexure – B

Appointment of M/s Devesh Pathak & Associates, Practising Company Secretaries as Secretarial Auditor

Annexure – C

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

Annexure –D

Reconstitution of Audit Committee:

Annexure –E

Reconstitution of Nomination and Remuneration Committee:

Annexure –F

Reconstitution of Stakeholders’ Relationship Committee:

AI assistant

Axel Polymers Ltd. — Board/Management Information 2025

60547_rns_2025-05-29_75d85b96-67e6-46fb-b4ea-a88ac0b9fb5f.pdf

29[th] May, 2025

Sub: Outcome of Board Meeting held on Thursday, May 29, 2025

Yours faithfully,

For Axel Polymers Limited

Annexure – A

Annexure – B

Appointment of M/s Devesh Pathak & Associates, Practising Company Secretaries as Secretarial Auditor

Annexure – C

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

Annexure –D

Reconstitution of Audit Committee:

Annexure –E

Reconstitution of Nomination and Remuneration Committee:

Annexure –F

Reconstitution of Stakeholders’ Relationship Committee:

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Axel Polymers Ltd. Board/Management Information 2025