Polychem Ltd — Board/Management Information 2025

Mar 25, 2025

POLYCHEM LIMITED

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CIN: L24100MH1955PLC009663

REGD. OFFICE: 7. JAMSHEDJI TATAROAD. CHURCHGATE RECLAMATION. MUMBAI-400 020 Ph: 022 - 2282 0048, E-mail: polychemltd@kilachand.com , Website: www.polychemltd.com

Date: 25.03.2025

To

Head Listing Compliance Bombay Stock Exchange Ltd. PhirozeJeejeebhoy Towers, Dalal Street, Mumbai - 400 001

Company Code – 506605

Dear Sir/Ma'am,

Sub: End of Second Term of Independent Directors of the Company

Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform that Ms. N. S. Mehendale (DIN 01230600) has completed her second and final term as an Independent Director and consequently ceased to be a Director of the Company w.e.f. the close of business hours on March 24, 2025.

Further, Mr. Y. S. Mathur (DIN 01059977) shall also complete his second and final term as an Independent Director and consequently ceases to be a Director of the Company w.e.f. the close of business hours on March 30, 2025. The Board of Directors and the Management of the Company expressed deep appreciation and gratitude to Ms. N. S. Mehendale and Mr. Y. S. Mathur for their invaluable contribution during their tenure.

Accordingly, the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee of the Company has been reconstituted w.e.f 25th March, 2025. Details required under Regulation 30 of the SEBI Listing Regulations read along with SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 is enclosed herewith as ‘Annexure A’.

You are requested to take this on record.

Yours faithfully, For Polychem Limited

DEEPALIBEN Digitally signed by DEEPALIBEN VISHAL VISHAL CHAUHAN CHAUHAN Date: 2025.03.25 11:38:14 +05'30'

(Deepali V Chauhan) Company Secretary & Compliance Officer Mem No. A38273

POLYCHEM LIMITED

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CIN: L24100MH1955PLC009663

REGD. OFFICE: 7. JAMSHEDJI TATAROAD. CHURCHGATE RECLAMATION. MUMBAI-400 020 Ph: 022 - 2282 0048, E-mail: polychemltd@kilachand.com , Website: www.polychemltd.com

ANNEXURE A

Disclosures pursuant to SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024:

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Name of Director Ms. Nirmala S. Mehendale Mr. Yogesh S. Mathur
Reason for change viz; Cessation. Cessation.
appointment, resignation,
removal, death or (The Term of Ms. N. S. (The Term of Mr. Y. S. Mathur,
otherwise Mehendale, Independent Independent Director shall
Director Comes to an end from Come to an end from the close of
(Tenure Completion) the close of business hours on business hours on March 30,
March 24, 2025 on Completion 2025 on Completion of 2
of 2 consecutive terms of 5 consecutive terms of 5 years
years each. each.
Date of appointment and From the close of business From the close of business hours
terms of appointment/ hours on March 24, 2025. on March 30, 2025.
Cessation
Brief Profile Not Applicable Not Applicable
Disclosure of relationships Not Applicable Not Applicable
between directors
Information as required Not Applicable Not Applicable
Under Circular No.
LIST/COMP/14/2018-
19 dated June 20, 2018
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