Polychem Ltd — Board/Management Information 2025

Feb 11, 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: 11.02.2025

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

Company Code – 506605

Dear Sir/Ma'am,

Sub: Disclosure pursuant to Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In continuation to our submission of Outcome of Board Meeting dated 11[th] February, 2025. Please find attached disclosure as required pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123, Dated: 11th November 2024 with respect to Appointment of Ms. Saloni A Jhaveri and Mr. Rajan P. Vahi as Additional Directors in the capacity of Non-Executive Independent Directors w.e.f. 25[th] March, 2025 and 31[st] March, 2025 respectively, subject to approval of shareholders by way of Postal ballot. (In 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: 2025.02.11 17:44:33 +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. Saloni A Jhaveri Mr. Rajan P Vahi
Reason for change viz; Appointment of Ms. Saloni A. Appointment of Mr. Rajan P. Vahi
appointment, Jhaveri (DIN: 00029474) as an (DIN: 00033940) as an Additional
resignation, removal, Additional Director in the Capacity Director in the Capacity of Non-
death or otherwise of Non-Executive Independent of Executive Independent of the
the Company, not liable to retire by Company, not liable to retire by
Date of appointment rotation, for a period of 5 years rotation, for a period of 5 years
and terms of w.e.f. 25 [th] March, 2025, subject to w.e.f. 31 [st] March, 2025, subject to
appointment approval of shareholders by way of approval of shareholders by way of
Postal Ballot. Postal Ballot.
Brief Profile Ms. Saloni A. Jhaveri runs a Senior Vice President – Supply
business of software outsourcing chain & Business Intelligence at
for almost 27 years and has the Powerica Limited. His
responsibility of running the responsibilities extend from
finance, Legal, HR and admin Managing Marketing team,
departments. competitor analysis, providing
support for customer
relationship, forecasting for raw
material from Principal Cummins
India Limited and scheduling
manufacturing activities.
Disclosure of None of the Directors are related None of the Directors are related
relationships between to Ms. Saloni A. Jhaveri to Mr. Rajan P. Vahi.
directors
Information as required Mr. Saloni A. Jhaveri is not Mr. Rajan P. Vahi is not debarred
Under Circular No. debarred from holding office of a from holding office of a Director
LIST/COMP/14/2018- Director by virtue of any SEBI by virtue of any SEBI Order or
19 dated June 20, 2018 Order or any other such any other such authority.
authority.
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