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Triochem Products Ltd. Annual Report 2023

May 26, 2023

63375_rns_2023-05-26_0ff357b9-a1e6-47a4-a168-fc13cddeea72.pdf

Annual Report

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Registered Office: 4th Floor, Sambava Chambers, Sir. P. M. Road, Fort, Mumbai, Maharashtra, PIN: 400001. Telephone: 00 91 (22) 2266 3150 Fax: 00 91 (22) 2282 8181 E-mall: info@ amohrav.com Website: www.triochemproducts.com Corporate Identity Number: L24249MH 1972PLC015544

Ref No: TPL PP 20230346 2023; 26th May 2023

To BSE Limited Corporate Relationship Department, Phiroze ]eejeebhoy Towers, Dalal Street, Fort, Mumbai: 400 001. Securitv Code No. 512101 -ISIN No.: INE331E01013.

Dear Sir / Madam,

Sub: Outcome of Board Meeting held on Fridav` Mav 26. 2023 Ref: Regulation 30 and 33 of the SEBI (Listing Obliratious and Disclosure Reciuirements\ Regulation, 2015

We would like to inform you that, pursuant to Notice of Board meeting dated 16th May 2023 the Board Meeting of the Company was held today Friday 26th May 2023 at 2.00 p.in. at 4th Floor, SanbavA Chambers, Sir P. M. Road, Fort, Mumbai: 400001, the registered office of the Company, In pursuant to Regulation 30 and Regulation 33 of the SEBI ousting Obligations and Disclosure Requirements) Regulation, 2015, the Board has considered an approved the following matters amongst other:

1) The Board discussed and approved the Annual Financial Statements tngether with accounting policies, schedules, and explanatory notes, as reviewed by the Audit Committee, for the year ended 31st March 2023 in accordance with provision of the Companies Act, 2013.

The Board discussed on temporarily reduce activity due to the impact of Covid-19 pandendc. The business requires personal presentation & relationship building has taken a tremendous hit & is unlikely to see any possibhity of revival in the immediate future, business from the regular customers is shrink. We do not see significant improvement. The Company will temporarily reduce activities till a clearer picture emerges.

The Company's operations for the financial year have been inpacted by Covid-19 pandemic, the Management of the Company has assessed the impact on its financial statements/position such as investments, inventories, trade payal>les and based on its best judgement and reasonal]le estimate, has concluded that there are no material adjustments required in the Financial Statements. The Company has carried out this assessment based on availal]le internal and external sources of information upto the date of approval of these financial statements and believes that the impact is not material to these financial statements and expects to recover the carrying amount of its assets. However, the impact assessment is a continuous process, given the uncertainties associated with its duration and nature, it is not possible to estinate the future impact as at the date of approval of this financial statement. The Company continues to monitor the economic effects of the pandemic while taking steps to improve its execution efficiencies and the financial outcome.

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Registered Office: 4th Flcor, SambavA Chambers, Sir. P. M. Road, Fort, Mumbal, Maharashtra, PIN: 400001. Telephone: 00 91 (22) 2266 3150 Fax: 00 91 (22) 2282 8181 E-mall: info@ amDhrav.com Website: www.triochemproducts. com Corporate Identity Number: L24249MH 1972PLC015544

The management expects no impairment to the carrying amounts of these assets, the Management will continue too closely monitor any changes to future economic conditions and asses its impact on the operation. The Company has sufficient liquidity to meet its financial obligations, we are also making regular payments to our suppliers, employees, and other concerned persons. The liquidity position of the company is in comfortable zone.

After Careful consideration and review of financial audited accounts for the year ended on 31St March, 2023 were approved by the Board.

  • 2) The Board approved the Audited Financial Results for the quarter and year ended 31St March 2023, as reviewed by the Audit Committee, in accordance with Regulation 33 of SEBI qisting Obligations and Disclosure Requirements) Regulation, 2015.
  • 3) The Board noted and took on records the Audit Report for the year ended 31St March 2023, as placed before the Board being the Unqualified Report. The approval of the Board was accorded to submit a declaration on auditor's report with unmodified opinion for the annual audited financial results for the year ended 31St March 2023 is accordance with Regulation 33(3)(d) of SEBI qisting Obligations and Disclosure Requirements) Regulation, 2015 read with SEBI Circular no. CIR/CFD/ CMD/56/2016 dated May 27, 2016, and Notiflcation no. SEBI/IAD-NRO/2016-17/001 dated May 25, 2016.
  • 4) The Directors' Report to the shareholders on the Accounts and affairs of the company for the financial year 2022-23, Management Discussion & Analysis and the various statements/documents to be attached to Directors' Report pursuant to Section 134 of the Companies Act, 2013 were approved.
  • 5) Annual General Meeting, The 51St Annual General Meeting ("51St AGM") of the Company for the Financial Year 2022-2023 has been fKed on Thursday, 24th August 2023 at 3.00 P.M. at the Retlstered Office of the Company at Sambava Chambers, 4th Floor, Sir P. M. Road, Mumbai -400 001. The copies of the 51St Annual Report of the Company together with the Notice of the Annual General Meeting will be sentfuploaded as soon as these are ready for dispatch to the shareholders.
  • 6) Book Closure, The Register of Members and Share Transfer Books of the Company will remain closed form Friday, 18th August 2023 to Thursday, 24th August 2023 Goth days Inclusive) for the purpose of taking records of the shareholders at the Annual General Meeting.
  • 7) Retirement of directors by rotation, Mr. Shyan Sundar Sharma @IN 01457322) as a Non-Executive, Non-Independent Director of the Company, lial)le to retires by rotation and is eliSble for reappointment, subject to approval by the Members of the Company at the ensuing Annual General Meeting.

Registered Office: 4th Floor, Sanbava Chambers, Sir. P. M. Road, Fort, Mumbai, Maharashtra, PIN: 400001. Telephone: 00 91 (22) 2266 3150 Fax: 00 91 (22) 2282 8181 E-mall: [email protected] Website : www.triochemDroducts.com Corporate Identity Number: L24249MH 1972PLC015544

  • 8) Re-appointment of Secretarial Auditors, Approved the appointment of M/s. Ragini Chokshi & Co., Company Secretaries, Mumbai as Secretarial Auditors for the financial year 2023-24.
  • 9) Re-appointment of Internal Auditors, Approved the appointment of M/s Haren Sanghvi & Associates, Chartered Accountants, as Internal Auditors of the Company for the financial year 2023-24.
  • 10) The Board discussed and took note of the statement of deviation or variation in public issue, rights issue, preferential issue, etc. under Regulation 32(1) of SEBI qisting Obligations and Disclosure Requirements) Regulations, 2015 for the Quarter ended 31St March 2023 as amended as per Circular No. CIR/CFD/CMD1/162/2019 Dated 24th December 2019, duly reviewed by the Audit Committee along and the auditor's comments, that, The statement of Category wise variation is also not applicable as there has been no offer made by way of Public Issue, RIghts Issue, Preferential Issue, etc., during the Quarter ended 31St March 2023.
  • 11) Take notes on the compliance for the quarter and year ended 31St March 2023

The meeting of the Board of Directors commended at 2.00 p.in. and concluded at 2.55 p.in.

Kindly take the above information on your record and acknowledge.

Thanking you, Yours faithfully, For TRIOCHEM PRODUCTS LIMITED

RAMU S. DEORA DIRECTOR DIN: 00312369

K@nu I}oshi Associates LLP

I,hartercdAccountalits

Mumbai Address . 203. The Summit, Hanuman Road, Western Express Highway, VIIe Parle (E). Mumbai -400 057 T : 022-2615 0100

Pune Address : 109, Sohrab Hall, 21 Sassoon Road. Opp. Jehangir Hospital, Pune -411001. T : 020 4906 7177 E : [email protected] . W : w".kdg.co.in

Independent Auditor.s Report on the Quarterly and Year to Date Financial Results of the Company Pursuant to the Regulations 33 and 52 of the SEBl (Listing Obligations and Disclesure Requirements) Regulations, 2015, as amended

TO'

The Board of Directors of Triochem Products Limited

Opinion

We have audited the accompanying statement of Financial Results of Triochem Products Limited(lhecompanyn)forthequarterendedMaroh31,2023andtheyeartodatestatement for the period from April 01, 2022 to March 31, 2023, attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. as amended ("Listing Regulations").

Inouropinionandtothebestofourinfomationandaccordingtotheexplanationsgiventous these Financial Results:

  • (i) are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
  • (ii)giveatrueandfairviewinconformftywiththenecognitionandmeasurementprinciples laid down in the applicable accounting standards and other accounting principkrs generally accepted in India of the net loss and other comprehensive loss and other financialinfomationforthequarterendedMarch31,2023aswellastheyeartodate statement for the period from April 01, 2022 to March 31 . 2023.

tbeis for Opinion

We conducted our audit in acoordance wh the Standards on Auditing (SAs) specified under secton 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those SfandardsarefurtherdescribedintheAuditorsResponsibilitiesfortheAuditOftheFinancial Results section Of our report. We are independent of the Company in accordance with the Code Of Ethics issued by the Institute of Chartered Accountants of India together with the eth.cal[equirementsthatarerelevanttoourauditoftheFinancialResultsundertheprovisions Of the Conpanies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical Desponsibilities in accordance with these lequirements and the Code of Ethies. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Mar.agement's Responsibilities for the Financial Results

Thee quarterty financ.ial results as well as the year to date financial results have been prepared on the basis of the annual financial stateiments. The Company's Board of Directors are responsible for the preparation of these Financial Results that give a true and fair view of the nct proft and other comprehensive income and other financial information in acoordance

11

Kanu Doshi Associates LLP Continuation Sheet

with the recognition and measilremenl principles laid down in Indian Accounting Standard prescribed iiiider Section 133 of the Act read with relevant rules issued thereunder and other accounting prii`ciples generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities: selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financfal controls that were operating effectively for ensuring the accuraey and completeness Of the accounting rcords, relevant to the preparation and presentation of the Financial Statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the Financial Results, the Board of Directors are responsible for assessing the Company'sabilitytocontinueasagoingconcem,disclosing,asapplicable,mattersrelatedto going concern and using the going concern basis Of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic altemative but to do so.

The Board of Directors are also responsible for overseeing the Company's financial reporting Prtxes.

Auditor's Responsibilities for the Audit Of the Financial Results

Our objectives are to obtain reasonable assurance about whether the Financial Results as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditors report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will atways detect a material misstatement when it exists. Misstatements can arise from fraud or error and are consideoed material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Financial Results.

As part of an audit in accordance with SAs. ve exercise professional judgment and maintain professionalskepticismthroughouttheaudit.Wealso:

  • Identfty and assess the risks of material misstatement of the Financial Results, whether due to fraud or error, design and perfom audit procedures responsive to these risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.Theriskofnctdetectingamaterialmisstatementresultingfromhaudishisher than for one resulting from error, as feud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of intemal control.
  • Obtain an understanding of iutemal control relevan"o the aud.rt in orderto design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectivenes of the company's internal control.
  • Evaluate the appropriateness Of accounting polieies used and the reasonableness of accounting estimates and related disckrsures made by the Board Of Directors.
  • Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the aud.rt evidence obtained, whether a material uncertaintyexistsrefatedtoeventsorconditionsthatrnaycastsignificantdoubtonthe Conpany's abilfty to continue as a going concern. If we conclude that a material uncertainty exists, ve are required to draw attention in our auditor's report to the

a

Kanu Doshi ASsociates LLP Continuation sheet

t

related disclos`ires in the finailcial statement or, if such disclosures are inadequate, to modfty oiir oplnion. OiJr conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the Financial Results, Including the disclosures, and whether the Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.

We conimunicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant defroiencies in internal control that we identfty during our audit.

Wealsoprovidethosechargedwithgovemancewithastatementthatwehavecompliedwith relevant ethical requirements regarding independence, and to communicate with them all relatienshipsandothermattersthatmayreasonablybethoughttobearonourindependence, and where applicable, related safeguards.

We also perfbmed procedures in accordance with the ciroular No CIR/CFD/CMD1/44/2019 issued by the SEBl under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable.

Cther Matters

Theannualfinancialresultsincludetheresuifeforthequarterended31March2023beingthe balancing figures between the audited figuges in respect of the full financial year and the publishedunauditedyeartodatefiguresuptothethirdquarterofthecumentfinancialycar.

For Kanu Doshi Associates LLP Chartered Accountants Firm Regishation No: 104746WAV100096

Tgr

Kunal Vakharia Parther Membership No: 148916 UDIN: 23148916BGUSYU4077

Pbe: Mumbai Date: May 26, 2023

Registered Office: 4th Floor, SanbavA Chambers, Sir. P. M. Road, Fort, Mumbai, Maharashtra, PIN: 400001. Telephone: 00 91 (22) 2266 3150 Fax: 00 91 (22) 2282 8181 E-mall: [email protected] Website: www.triochemDroducts.com Coiporate Identity Number: L24249MH 1972PLC015544

Ref No: TPL PP 20230344 2023; 26th May 2023

To BSE Limited Corporate Relationship Department, Phiroze ]eejeebhoy Towers, Dalal Street, Fort` Mumbai: 400 001. Security Code No. 512101 -ISIN No.: INE331E01013

Dear Sir / Madam,

Sub: Declaration pursuant to Regulation 33(31/d\ of the Securities and Exchange Board of India (SEBn msting Oblicatious and Disclosure Reciuirements`, Regulation 2015 for the annual audited financial results for the Year ended March 31, 2023

The Board of Directors of the Company at its meeting held on 26th May, 2023 has approved the Audited Financial Results of the Company for the year ended Slat March, 2023 and we hereby declare that the Statutory Auditors of the Company, M/s. Kanu Doshi Associates LLP., Chartered Accountants, ¢RN: 104746W/W100096) have issued an Audit Report with unmodified opinion thereon.

TThis declaration is issued in compliance with the provisions of the Regulation 33(3)(d) of the Securities and Exchange Board of India (SEBI) qisting Obligations and Disclosure Requirements) Regulation, 2015 as amended by the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) (Amendment), Regulation 2016 vide notification no. SEBMAD-NRove016-17/001 dated May 25, 2016 and Circular no. CIR/CFD/CMD/56#016 dated May 27, 2016.

The Declaration may kindly be taken on your records.

For TRIOCHEM PRODUCTS LIMITED

i _- _____-

RAMU S. DEORA DIRECTOR DIN: 00312369

7

Registered Office: 4th Floor, Sambava Chambers, Sir, P. M. Road, Fort, Mumbai, Maharashtra, PIN: 400001. Telephone: 00 91 (22) 2266 3150 Fax: 00 91 (22) 2282 8181. E-mall: $info(\widehat{a}$ amphrav.com; Website: www.triochemproducts.com Corporate Identity Number: L24249MH1972PLC015544.

TRIOCHEM PRODUCTS LIMITED Registered Office: Sambava Chambers, 4th Floor, Sir P. M. Road, Fort, Mumbai - 400 001 website: www.triochemproducts.com CIN: L24249MH1972PLC015544 AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2023 (Rs. in lakhs) Except EPS Particulars Quarter Ended Year Ended $S_{F}$ MARCH 31. DECEMBER | MARCH 31. MARCH 31. MARCH 31. $N0$ 2023 31, 2022 2022 2023 2022 (Audited) (Audited) (Unaudited) (Audited) (Audited) (Refer Note (Refer Note $No. 4$ No. $4$ ) π Income (a) Revenue from Operations 244.64 882.16 $7.21$ (b) Other income 27.75 3.08 23.44 56.48 Total Income from operations $7.21$ 3.08 268.08 27.75 938.64 Expenses: $\overline{2}$ (a) Cost of materials consumed 0.02 $\ddot{\phantom{a}}$ (b) Purchase of stock-in-trade 550.62 (c) Changes in inventory of finished goods, work-in-progress and stock-in-trade 150.42 79.16 (d) Employee benefits expenses 13.28 13.60 10.11 52.28 49.64 (e) Finance costs $0.00$ $0.19$ $0.00$ 1.71 (f) Depreciation and amortisation expense 2.59 2.65 $2.99$ 10.50 11.92 (g) Other expenses 17.78 19.71 17.87 81.96 69.25 Total Expenses 33.65 35.96 181.58 144.74 762.32 $\overline{\mathbf{3}}$ Profit / (Loss) from ordinary activities before exceptional items (1-2) $(26.44)$ $(32.88)$ 86.50 $(116.99)$ 176.32 $\overline{4}$ Exceptional items Profit / (Loss) before tax $(3 + (-4))$ $\overline{\phantom{0}}$ $(26.44)$ $(32.88)$ 86.50 $(116.99)$ 176.32 6 Tax expense Current tax $(0.05)$ $0.05$ 23.02 $(0.85)$ 33.44 Deferred tax $(6.51)$ $(8.16)$ $0.11$ $(27.63)$ 10.60 Total Tax expenses $(6.56)$ $23.13$ $(8.11)$ $(28.48)$ 44.04 Profit / (Loss) for the period $(5 + (-6))$ $(19.88)$ $(24.77)$ 63.37 $(88.51)$ 132.28 l8 Other comprehensive income, net of income tax A. (i) Items that will be reclassified to profit or Loss ÷. $\blacksquare$ (ii) Income tax relating to items that will be reclassified to profit or loss B. (i) Items that will not be reclassified to profit or Loss $(81.32)$ 55.32 $(3.23)$ $(63.71)$ 1.60 (ii) Income tax relating to items that will not be reclassified to profit or loss 9.28 $(2.10)$ 0.81 7.28 $(0.40)$ Total Other comprehensive income, net of income tax $(72.04)$ 53.22 $(2.42)$ $(56.43)$ $1.20$ $\overline{Q}$ Total Comprehensive income for the period $(8 + (-7))$ $(91.92)$ 28.45 60.95 $(144.94)$ 133.48 $10$ Paid-up equity share capital (Face value of Rs10/- per share) 24.50 24.50 24.50 24.50 24.50 11 Reserve excluding Revalution Reserves as per balance sheet of previous 1,135.22 1.280.16 accounting year 12 Earning per share (EPS) (of Rs.10/- each) (not annualised) Basic / Diluted EPS $(36.13)$ $(8.11)$ $(10.11)$ 25.87 53.99

Registered Office: 4th Floor, Sambava Chambers, Sir. P. M. Road, Fort, Mumbai, Maharashtra, PIN: 400001. Telephone: 00 91 (22) 2266 3150 Fax: 00 91 (22) 2282 8181. E-mall: [email protected]; Website: www.triochemproducts.com Corporate Identity Number: L24249MH1972PLC015544.

PART II
STATEMENT OF AUDITED ASSETS AND LIABILITIES AS AT MARCH 31, 2023 (Rs.in lakhs)
$S_{r}$ Particulars As at As at
No March 31, March 31,
2023 2022
Audited Audited
A ASSETS
1 Non - Current Assets
(a) Property, plant and equipment 69.88 80.02
(b) Capital work - in - progress
(c) Investment property 6.99 7.35
(d) Financial assets
(i) Other non - current investments 941.88
(ii) Other financial assets 7.46 7.32
(e) Deferred tax assets (Net) 27.83
(f) Other non - current tax assets 33.15
$(g)$ Other non - current assets 1.30 0.75
Sub total - Non - Current Assets 1,055.34 128.59
2 Current Assets
(a) Inventories 5.30 5.30
(b) Financial assets
(i) Trade receivables
(ii) Cash and cash equivalents 95.91 1.180.92
(iii) Other financial assets 2.62 0.43
(c) Other tax assets (net)
(d) Other current assets
7.60 6.80
Sub total - Current Assets 16.80
128.23
10.97
1,204.42
Total - Assets
1,183.57 1,333.01
B EQUITY AND LIABILITIES
EQUITY
(a) Equity share capital 24.50 24.50
(b) Other Equity 1.135.22 1,280.16
Total - Equity 1,159.72 1,304.66
LIABILITIES
1 Non Current Liabilities
(a) Deferred tax liabilities (Net) 7.08
Sub total - Non- Current Liabilities ٠ 7.08
2 Current liabilities
(a) Financial liabilities
(i) Borrowings 0.00
(ii) Trade payables 18.49 17.10
(b) Other financial liabilities 0.24
(c) Other current liabilities 0.64 0.64
(d) Provisions 4.72 3.29
Sub-total - Current Liabilities 23.85 21.27
Total - Liabilities 23.85 28.35
Total - Equity and Liabilities 1,183.57 1,333.01

Registered Office: 4th Floor, Sambava Chambers, Sir. P. M. Road, Fort, Mumbai, Maharashtra, PIN: 400001. Telephone: 00 91 (22) 2266 3150 Fax: 00 91 (22) 2282 8181. E-mall: [email protected]; Website: www.triochemproducts.com Corporate Identity Number: L24249MH1972PLC015544.

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Registered Office: 4th Floor, Sambava Chambers, Sir. P. M. Road, Fort, Mumbai, Maharashtra, PIN: 400001. Telephone: 00 91 (22) 2266 3150 Fax: 00 91 (22) 2282 8181. E-mall: [email protected]; Website: www.triochemproducts.com Corporate Identity Number: L24249MH1972PLC015544.

TRIO

CHEM

Registered Office: 4th Flcor` Samba\'a Chambers. Sir. P. M. Road. For(. Mumbai. Maharashtra. PIN: 400001. Telephone: 00 91 (22) 2266 3150 Fax: 00 91 (22) 2282 8181. E-mall: info@ amphray.com: Websi(e: wow.triochemproducts.com Corporate ldentity' Number: L24249MH 1972PLC015544.

full financial year and the re`'iewed year-[ordate figurcs up to the third quarter of the relevant financial year.

The Corresponding figures of the previous quarter / year have been regrouped` recasted and reclassified to make them comparable wherever necessary.

_a__.

CHEM

Registered Office: 4h Floor Sambava Chambers. Sir. P. M. RoadFort, Mumbai Maharashtra. PIN: 400001. Telephone: 00 91 (22) 2266 3150 Fax: 00 91 (22) 2282 8181. E-mall: [email protected]: Website: www.(riochemproducts.com Corporate Identity Number: L24249MH 1972PLC015544.

FOR TRIOCHEM PRODUCTS LIMITED

L- r --=-=-:-in -

6) The abo'e is an extract of the detailed format of financial results filed with the Stock Exchange under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulation, 2015. The full format of consolidated financial results are a.allab]e on (he Stock Exchange website` www.bseindia.com and on the Company's website www.(riochemproducts.com

Place: Mumbal DIRECTOR Dated: 26th May, 2023 DIN: cO312369

Redstered Office: 4th Floor, SambavA Chambers, Sir. P. M. Road, Fort, Mumbal, Maharashtra, PIN: 400001. Telephone: 00 91 (22) 2266 3150 Fax: 00 91 (22) 2282 8181 E-mall: info@ amphrav.com Website: www.triochemproducts.com Corporate Identity Number: L24249MH 1972PLC015544

Details as required under Regulation 30 of the Listing Regulations read with Schedule Ill and SEBI Circular No. CIR/CFD/CMD/4#015 dated September 9, 2015.

1) In reference to the re-appointment of Mr. Shyan Sundar Sharma @IN 01457322) as Non-Executive Director, who retires by rotation and is eligible for re-appointment.

Sr. No. Particulars Details
1 Reason for change As per the resolution passed by the Shareholder of the
Company on the 48th Annual General Meeting held on 26th
September
2020,
Mr.
Shyam
Sundar
Sharma
PIN
01457322) has been appointed as Non-Executive Director,
liable to retire by rotation
and is eligible for re
appointment.
2 Date of Appointment Ensuing 51St Annual General Meeting.
3 Brief profile Mr. Shyam Sundar Sharma having a vast industry experience
of more
than
40
years
in
Business
Strategy
and
Development,
Leadership
development,
General
Management,
Finance,
Investment.
He
has
been
instrumental in steering the Company to greater heights, he
has been associated with the Company since inception. His
vision of creating large scale employment and being of a
service to the nation in what drives him.
4 Disclosure of relationshipsbetweendirectors No. Not Applicable

'1)