Syncom Formulations (India) Ltd. — Board/Management Information 2025

Aug 8, 2025

SYNCOM/SE/2025-26

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08[th] August, 2025

Online filing at: www.listing.bseindia.com and https://neaps.nseindia.com/NEWLISTINGCORP/login.jsp

To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Tower, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai (M.H.) 400 001 Mumbai- 400051 BSE CODE:524470 NSE SYMBOL: SYNCOMF

Sub: Disclosure under Regulation 30(2) read with Clause 7 of Para A of Part A of Schedule III of the SEBI (LODR) Regulation, 2015: Change in Directors, KMP and Senior Management.

Dear Sir,

Pursuant to the Regulation 30 of the SEBI(LODR) Regulation, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/CFDPoD2/P/0155 dated 11[th] November 2024, we wish to inform you that the Board of Directors of the Company, at its meeting held on 08[th] August, 2025, based on the recommendations of the Audit Committee and Nomination and Remuneration Committee, has inter alia, approved the following:

1. Re-designation of Shri Kedarmal Shankarlal Bankda (DIN:00023050) from Chairman and Whole-time Director of the Company to Whole-time Director of the Company, with effect from the closure of business hours of August 08, 2025.

2. Resignation of Shri Ankit Kedarmal Bankda (PAN: AJCPB3190B) from the post of Chief Financial Officer (CFO) categorised as a Senior Management Personnel of the Company, from the closure of business hours of August 08, 2025.

3. Resignation of Smt. Rinki Ankit Banka (DIN:06946754) for the Directorship including Whole-time Director of the Company, with effect from the closure of business hours of August 08, 2025.

4. Appointment of Shri Ankit Kedarmal Bankda (DIN: 02359461) as an Additional Director, and further Designated as the Chairman and Whole Time Director of the Company, with effect from August 09, 2025, subject to the approval of shareholder at the ensuing Annual General Meeting.

5. Appointment of Shri Rahul Vijay Bankda (PAN:AIQPB2222B) as the Chief Financial Officer (CFO) under the category of Senior Management Personnel, with effect from August 09, 2025.

We submit the disclosure as required under the SEBI Listing Regulations read with the SEBI Master Circular No. SEBI/HO/CFD/CFDPoD2/P/0155 dated 11[th] November 2024 as under Annexure-1.

The Board Meeting commenced at 4:00 P.M. and concluded at 04:45 P.M.

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We are also in the process to file the aforesaid disclosure in XBRL format within the stipulated time.

We shall make necessary updates in the Management Details Tab as available on the Listing Portal of the BSE and NSE. We shall also disseminate this change on the Company’s website www.sfil.in in due course.

You are requested to kindly take the same on record for your further needful.

Thanking You Yours Faithfully,

For, SYNCOM FORMULATIONS (INDIA) LIMITED Vaishali Digitally signed by Vaishali Agrawal Date: 2025.08.08 Agrawal 17:28:24 +05'30' VAISHALI AGRAWAL COMPANY SECRETARY & COMPLIANCE OFFICER Encl.:a/a

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Annexure -1 DISCLOSURES UNDER REGULATION 30 OF THE SEBI(LODR)REGULATION, 2015 READ WITH SEBI CIRCULAR NO. SEBI/HO/CFD/CFDPOD2/P/0155 DATED 11[TH] NOVEMBER 2024

1. Re-designated of Shri Kedarmal Shankarlal Bankda(DIN:00023050) from Chairman and Whole-time Director of the Company to Whole-time Director of the Company, with effect from the closure of business hours of August 08, 2025.

	a		Reason for change viz. ~~appointment,~~ ~~re-appointment,~~ ~~resignation, removal, death~~or otherwise;	Re-designation from Chairman and Whole-time Director of the Company to Whole-time Director of the Company
	b		Date of ~~appointment/re-~~ ~~appointment~~ ~~/cessation~~ ~~(as~~ ~~applicable)~~ ~~&~~ ~~term~~ ~~of~~ ~~appointment/re-appointment~~ Re- designation	From the closure of business hours of August 08, 2025
	c		Profile (incase ofappointment);	NotApplicable
	d		Disclosure of relationships between directors (in case of appointment ofa director).	Not Applicable
	e		Information as required pursuant to BSE Circular with ref. no. LIST/ COMP/14/ 2018-19 dated 20thJune 2018 and National Stock Exchange of India Limited Circular no. NSE/CML/2018/02 dated June 20,2018	The Director being appointed is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

2. Resignation of Shri Ankit Kedarmal Bankda (PAN: AJCPB3190B) from the post of Chief Financial Officer (CFO) categorised as a Senior Management Personnel of the Company, from the closure of business hours of August 08, 2025.

a		Reason for change viz. ~~appointment,~~ ~~re-appointment,~~ resignatio~~n, removal, death or~~ ~~otherwise; (tenure completion)~~	Resignation
		~~oerwse; ~~
b		Date of ~~appointment/re-~~ ~~appointment/~~ ~~cessation~~ ~~(as~~ ~~applicable)~~ ~~&~~ ~~term~~ ~~of~~ ~~appointment/re-appointment~~ Resignation	From the closure of business hours of August 08, 2025
c		Profile (incase ofappointment);	NotApplicable
d		Disclosure of relationships between directors (in case of appointment of a director).	Not Applicable

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3. Resignation of Smt. Rinki Ankit Banka (DIN:06946754) for the office of Whole Time Director of the Company, with effect from the closure of business hours of August 08, 2025.

		08, 2025.
a		Reason for change viz. ~~appointment,~~ ~~re-appointment,~~ resignatio~~n, removal, death or~~ ~~otherwise; (tenure completion)~~	Resignation
		~~oerwse; ~~
b		Date of ~~appointment/re-~~ ~~appointment/~~ ~~cessation~~ ~~(as~~ ~~applicable)~~ ~~&~~ ~~term~~ ~~of~~ ~~appointment/re-appointment~~ Resignation	From the closure of business hours of August 08, 2025
c		Profile(in case of appointment);	Not Applicable
		Disclosure of relationships between directors (in case of appointment ofa director).	Not Applicable
**4. **		Appointment of Shri Ankit Kedarmal Bankda (DIN: 02359461) as an Additional Director and further Designated as the Chairman and Whole Time Director of the Company, with effect from August 09, 2025, subject to the approval of shareholder at the ensuing Annual General Meeting.
a		Reason appointmen ~~iti~~	Appointment
b		Date of appointment~~/re-~~ ~~appointment/~~ ~~cessation~~ ~~(as~~ ~~applicable)~~ ~~&~~ ~~term~~ ~~of~~ ~~appointment/re-appointment~~	With effect from August 09, 2025
c		Profile (in case of appointment);	Shri Ankit Kedarmal Bankda is a Post-Graduate in Commerce and a member of the Promoter Group of the Company. He possesses over 12 years of comprehensive experience across various domains including manufacturing, finance and administrative functions. He is actively involved in overseeing the financial operations at the Corporate Office of the Company as CFO at Indore and Plant at Pithampur. In view of his experience and deep understanding of the Company’s operations the appointment of Shri Ankit Kedarmal Bankda as Additional Director would be in the best interest of the Company.

4. Appointment of Shri Ankit Kedarmal Bankda (DIN: 02359461) as an Additional Director and further Designated as the Chairman and Whole Time Director of the Company, with effect from August 09, 2025, subject to the approval of shareholder at the ensuing Annual General Meeting.

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• d Disclosure of relationships He is son of Shri Kedarmal Shankarlal Bankda, Ex between directors (in case of Chairman and Whole Time Director of the appointment of a director). company.

• e Information as required pursuant The Director being appointed is not debarred from to BSE Circular with ref. no. holding the office of director by virtue of any LIST/ COMP/14/ 2018-19 dated SEBI order or any other such authority. 20[th] June 2018 and National Stock Exchange of India Limited Circular no. NSE/CML/2018/02 dated June 20, 2018

5. Appointment of Shri Rahul Vijay Bankda (PAN:AIQPB2222B) as the Chief Financial Officer (CFO) under the category of Senior Management Personnel, with effect from August 09, 2025.

a		Reason appointmen ~~iti~~	Appointment
b		Date of appointment~~/re-~~ ~~appointment/~~ ~~cessation~~ ~~(as~~ ~~applicable)~~ ~~&~~ ~~term~~ ~~of~~ ~~appointment/re-appointment ~~	With effect from August 09, 2025
c		Profile (in case of appointment);	Shri Rahul Bankda is a Post Graduate in Commerce and a Member of the Promoter Group of the Company. He possesses over 22 years of extensive and diversified experience across various functional areas of business operations. Given his deep understanding of financial management and strategic insight, his appointment as Chief Financial Officer (CFO) of the Company would be in the best interest of the organization. He is expected to play a pivotal role in enhancing the company's financial performance and supporting its long-term growth and sustainability.
d		Disclosure of relationships between directors (in case of appointment ofa director).	He is son of Shri Vijay Shankarlal Bankda, Managing Director of the company.
e		Information as required pursuant to BSE Circular with ref. no. LIST/ COMP/14/ 2018-19 dated 20thJune 2018 and National Stock Exchange of India Limited	The CFO being appointed is not debarred from holding the office of CFO by virtue of any SEBI order or any other such authority.

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Circular no. NSE/CML/2018/02 dated June 20, 2018

For, SYNCOM FORMULATIONS (INDIA) LIMITED

Vaishali Digitally signed by Vaishali Agraw Agrawal Date: 2025.08.08 al 17:28:42 +05'30'

VAISHALI AGRAWAL COMPANY SECRETARY & COMPLIANCE OFFICER

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