Polyplex Corporation Ltd. — Board/Management Information 2026

May 23, 2026

POLYPLEX

May 23, 2026

To

| The General Manager - Listing Department, BSE Limited
Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
Scrip Code: 524051 | The Manager, Listing Department, The National Stock Exchange of India Limited Exchange Plaza, NSE Building
Bandra Kurla Complex, Bandra East, Mumbai 400 051
Trading Symbol: POLYPLEX |
| --- | --- |

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (the "Listing Regulations")-Change in Directors

Ref: Outcome of the Board Meeting held on May 23, 2026.

Pursuant to Regulation 30 of Listing Regulations, we wish to inform that:

a) Mr. Sanjiv Chadha (DIN: 00356187), a Non-Executive Non-Independent Director, has tendered his resignation, vide his letter dated May 23, 2026, from the directorship of the Company with effect from May 23, 2026 (end of the day).

The resignation letter received from Mr. Sanjiv Chadha is enclosed herewith as Annexure 1.

b) The Board of Directors of the Company in their meeting held on May 23, 2026, on the recommendations of Nomination and Remuneration Committee, have considered and approved the appointment of Mr. Ranjit Singh (DIN: 01651357) as a Non-Executive Non-Independent Director (Additional) of the Company, with effect from May 25, 2026, liable to retire by rotation.

Mr. Ranjit Singh has confirmed that he is not debarred from holding the office of a director pursuant to any order passed by the SEBI or any such authority.

The relevant details as required to be furnished under Regulation 30 of the Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are given in "Annexure 2" to this intimation.

We are also arranging to upload above on our website www.polyplex.com.

The meeting of the Board of Directors commenced at 1610 hours (IST) and concluded at 1815 hours (IST).

You are requested to kindly take this on record.

Thanking you,

Yours faithfully,

For Polyplex Corporation limited

ASHOK
Digitally signed by
ASHOK KUMAR
GURNANI
Date: 2026.05.23
19:36:43 +05'30'

Ashok Kumar Gurnani
Company Secretary
Encl: as above

Email Id: akgurnani@polyplex.com

Polyplex Corporation Limited
CIN: L25209UR1984PLC011596

B-37, Sector-1, Noida-201301, Distt. Gautam Budh Nagar (U.P.) India

Board: +91.120.2443716-19, Fax: +91.120.2443724 Website: www.polyplex.com

Registered Office: Lohia Head Road, Khatima - 262308, Distt. Udham Singh Nagar, Uttarakhand, India

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Annexure 1
May 23, 2026

To

The Chairman
Polyplex Corporation Limited
Regd. Office: Lohia Head Road, Khatima-262 308,
Dist. Udham Singh Nagar, Uttarakhand

Sub: Resignation from the position of Non-Executive Director of the Company

Dear Sir/ Madam

After over 20 years of association with Polyplex Corporation Limited as a director, it is with mixed emotions that I submit my resignation from the position on the Board of the Company, effective from May 23, 2026 (end of the day).

Working for the Company over these many years has been a deeply rewarding and enriching experience. I am grateful for the trust, support, and opportunities extended to me throughout my tenure. It has been a privilege to contribute to the growth and progress of the organization and to work with fellow Board members and other senior officers.

At this stage, I have decided to step down from my responsibilities for personal/professional reasons. I remain confident that the Company will continue to achieve greater heights in the years ahead.

I would like to place on record my sincere appreciation to the Board, management, employees, shareholders, and all stakeholders for their cooperation and goodwill during my long association with the Company.

Kindly accept my resignation and arrange to complete the necessary formalities in this regard.
I wish the Company continued success and prosperity.

Yours faithfully

Sanjiv Cnadha
Director
DIN: 00356187

CC:
The Company Secretary
Polyplex Corporation Limited

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POLYPLEX

ANNEXURE 2

Disclosure(s) of information pursuant to Regulation 30 read with Para 7 of the Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and pursuant to SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.

Sr. No.	Particulars	Mr. Sanjiv Chadha (DIN: 00356187)	Mr. Ranjit Singh (DIN: 01651357)
	Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise	Resignation	Appointment as a Non-Executive Non-Independent Director
	Date of appointment/ re-appointment/ cessation (as applicable) & term of appointment/ reappointment	May 23, 2026 (end of the day)	Effective from May 25, 2026 and he will be liable to retire by rotation.
	Brief profile (in case of appointment)	Not Applicable	He is an engineer from BITS, Pilani and did his MBA from IIM, Ahmedabad. Mr. Ranjit has over 40 years of experience in corporate management in Indian, international and multicultural business environment. He has served on the Board of the Company as an Independent Director for 10 years. He is also engaged in social sector and Startup ecosystem as a Consultant, Mentor, Investor and Promoter.
	Disclosure of relationships between directors (in case of appointment of a director)	Not Applicable	He is not related to any director/ KMP of the Company.

Polyplex Corporation Limited

CIN: L25209UR1984PLC011596

B-37, Sector-1, Noida-201301, Distt. Gautam Budh Nagar (U.P.) India

Board: +91.120.2443716-19, Fax: +91.120.2443724 Website: www.polyplex.com

Registered Office: Lohia Head Road, Khatima - 262308, Distt. Udham Singh Nagar, Uttarakhand, India