Axel Polymers Limited has closed its trading window effective October 1, 2026, in preparation for the consideration of unaudited financial results for the second quarter and half year ending September 30, 2026.

The closure applies to Directors, Promoters, members of the Promoter Group, Connected Persons, Designated Persons, and their immediate relatives. This measure ensures compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct on Insider Trading.

Compliance and Timeline

The trading window will remain closed until 48 hours after the declaration of the financial results. The company stated that the specific date of the Board of Directors meeting for approving these results will be informed in due course.

All relevant insiders have been advised to refrain from dealing in the securities of the company during this period. The communication was signed by Ashish Chaudhary, Company Secretary & Compliance Officer, on September 28, 2026.

Axel Polymers Limited shareholders approved the appointment of Yogesh Keshariya as an independent director and the reappointment of Gaurav Thanky as managing director at its 34th annual general meeting held on September 11, 2026.

The meeting was conducted through video conference or other audio-video means. The company appointed Mr. Devesh Pathak, Founder of M/s. Devesh Pathak & Associates, as the scrutinizer for remote e-voting and e-voting during the AGM. The resolutions were passed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and applicable provisions of the Companies Act, 2013. The company also reappointed A.B. Bodhanwala as a non-executive non-independent director.

Board Changes

Yogesh Keshariya has been appointed as a non-executive independent director for his first term of three consecutive years. His tenure begins on June 12, 2026, and ends on June 11, 2029.

Gaurav Thanky was reappointed as managing director for five consecutive years. His new term starts on October 1, 2026, and runs until September 30, 2031. The shareholders also approved the payment of remuneration for this role.

A.B. Bodhanwala was reappointed as a non-executive non-independent director with effect from October 1, 2026. He is liable to retire by rotation.

Director Profiles and Relationships

Yogesh Keshariya is a Chartered Accountant with a Bachelor of Commerce degree and DISA (ICAI) qualification. He has been in professional practice since 1993 and serves as an IDT Partner at CNK, Vadodara. He specializes in indirect taxes, internal audits, GST reviews, and litigation. Keshariya previously served as an assistant professor at The Maharaja Sayajirao University of Baroda for over 25 years. He is not related to any other directors.

Gaurav Thanky’s wife, Dhara Thanky, serves as a non-executive director of the company. A.B. Bodhanwala has no disclosed relationships with other directors.