Balrampur chini mills Limited has announced key changes in its senior management personnel, with both an elevation and resignation taking effect on 21st April, 2026. The company has informed stock exchanges about these developments under Regulation 30 of SEBI Listing Regulations.

Management Elevation and New Appointment

The company has elevated Mr. Pankaj Shahi to the position of Senior General Manager (Unit Head - Akbarpur Unit) effective 21st April, 2026. Prior to this elevation, Mr. Shahi was serving as Senior General Manager - Production (CTT) - HO (Lucknow).

Professional Background and Qualifications

Mr. Pankaj Shahi brings substantial expertise to his new role. He holds an M. Sc. (Chemistry) from St. Andrew's College, Gorakhpur and has completed ANSI (Sugar Technology) from National Sugar Institute, Kanpur. With over 27 years of extensive experience in production and process management, he has been associated with the company since 2017.

During his tenure with the company, Mr. Shahi has served as Production Head in Kumbhi and Rauzagaon Units. For the past two years, he has been serving as Senior General Manager- Production (CTT). The company describes him as a dynamic leader who has contributed significantly to organizational growth and brings deep expertise, strategic insight, and operational excellence to every role he undertakes.

Senior Management Resignation

Concurrently, Mr. Ramesh Kumar Verma has tendered his resignation from the position of Senior General Manager (Unit Head-Akbarpur Unit) on 21st April, 2026. The company has accepted his resignation with effect from the same date.

In his resignation email, Mr. Verma cited family problems as the reason for his decision to step down. He expressed gratitude to the corporate heads, executive team, and all employees for their support during his tenure. The company has confirmed that there are no other reasons for his resignation beyond those mentioned in his communication.

Regulatory Compliance and Documentation

The company has fulfilled all regulatory requirements under SEBI Listing Regulations, specifically Regulation 30 read with clause 7 and 7C of Para A of Part A of Schedule III. The disclosures have been made in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.

The management changes represent a seamless transition at the Akbarpur Unit, with Mr. Shahi's extensive experience and proven track record positioning him well to lead the unit's operations. The company has ensured continuity in leadership while addressing the resignation through internal elevation of qualified personnel.

Balrampur chini mills Limited has informed stock exchanges about an upcoming board meeting scheduled for April 23, 2026, to deliberate on significant corporate matters including fund raising proposals and shareholder approvals.

Board Meeting Agenda

The board of directors will convene on Thursday, April 23, 2026, to consider and approve key proposals that could impact the company's capital structure and future operations.

Fund Raising Proposal

The primary agenda item involves the proposal for raising funds through the issue of securities to one or more persons on a preferential basis. This fund raising initiative will be conducted in accordance with:

• SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
• Companies Act, 2013, as amended
• Subject to approval of the company's members

Shareholder Approval Process

The board will also discuss convening an Extra-Ordinary General Meeting (EGM) to seek approval from shareholders regarding the proposed fund raising. This step is mandatory as per regulatory requirements for preferential issue of securities.

Trading Window Closure

In compliance with insider trading regulations, Balrampur Chini Mills has implemented a trading window closure affecting multiple stakeholders.

The trading window closure is implemented under the company's internal Code of Conduct for prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015. This measure ensures compliance with regulatory requirements and maintains market integrity during the period leading up to financial results announcement.