CDG Petchem Limited has announced the appointment of Ms. Monika Garg as Additional Director (Non-Executive & Independent) following a board meeting held on April 10, 2026. The appointment, approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee, is subject to shareholder approval at the ensuing Extra-Ordinary General Meeting.

Board Meeting Outcomes

The board meeting, which commenced at 02:00 P.M. and concluded at 02:30 P.M. on April 10, 2026, focused on the strategic appointment of the new independent director. The decision was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Profile and Qualifications

Ms. Monika Garg brings significant professional expertise to the board as a commerce post-graduate with extensive experience across multiple domains. Her professional background encompasses administration, compliance documentation, client servicing, and training functions.

Her key areas of expertise include:

• Financial oversight support and risk evaluation
• Internal control-related functions
• Regulatory compliance management
• Decision-making and strategic planning

Independence and Compliance

The appointment adheres to corporate governance standards, with Ms. Garg meeting all independence criteria required for the position. She is not related to any existing director of the company, ensuring the independence of her role on the board.

Corporate Governance Enhancement

The appointment reflects CDG Petchem Limited's commitment to strengthening its board composition with independent oversight. Ms. Garg's expertise in financial oversight, risk evaluation, and regulatory compliance is expected to contribute to the company's governance framework and strategic decision-making processes.

Her strong communication and interpersonal skills, combined with her ability to provide independent and unbiased judgment, align with the company's objective of safeguarding stakeholders' interests while maintaining effective board oversight.

CDG Petchem Limited disclosed comprehensive outcomes from its Board of Directors meeting held on March 26, 2026, covering multiple significant corporate developments including Managing Director resignation, registered office relocation, promoter reclassification completion, and Extraordinary General Meeting approval under SEBI Regulation 30.

Board Meeting Key Decisions

The board meeting, conducted from 4:00 PM to 5:10 PM on March 26, 2026, addressed four major agenda items with regulatory compliance implications. Additional Director Arshdeep Singh Mundi (DIN: 03030608) signed the formal disclosure communicating the meeting outcomes to BSE Limited.

Managing Director Resignation

The board formally acknowledged the resignation of Manoj Kumar Dugar (DIN: 00352733) from his position as Managing Director, effective close of business hours on March 26, 2026. Dugar cited personal reasons for his resignation in his formal letter to the board, expressing gratitude for the support received during his tenure and commitment to ensuring smooth transition.

Registered Office Relocation Approval

The board approved shifting the company's registered office from Telangana to Punjab, subject to shareholder approval at the upcoming Extraordinary General Meeting and confirmation order from the Regional Director. This represents a significant operational change requiring regulatory approvals and stakeholder consent.

Promoter Reclassification Completion

Pursuant to Regulation 31A(10) of SEBI LODR Regulations, 2015, the company confirmed completion of promoter reclassification following the open offer as per Letter of Offer dated September 27, 2025. Seven promoters were reclassified from promoter category to public category with complete divestment of shareholdings.

Each reclassified promoter submitted individual confirmation letters confirming cessation of control, compliance with SEBI LODR criteria including holding less than 10% shareholding with no special rights or board representation, and no objection to updating stock exchange records.

Extraordinary General Meeting Scheduling & Publication

The board approved the draft notice for an Extraordinary General Meeting scheduled for April 24, 2026, to be conducted through Video Conferencing/Other Audio Visual Means. The EGM will seek shareholder approval for the registered office relocation and other matters requiring member consent.

Regulatory Compliance & Newspaper Publication

Pursuant to Regulation 47 of SEBI LODR Regulations, 2015, CDG Petchem Limited published the EGM notice in newspapers on March 29, 2026. The publication ensures compliance with mandatory disclosure requirements for listed companies. The company formally communicated this newspaper publication to BSE Limited through Additional Director Arshdeep Singh Mundi (DIN: 03030608), providing copies of newspaper clippings as evidence of regulatory compliance.

This comprehensive board meeting outcome demonstrates CDG Petchem Limited's adherence to regulatory compliance requirements while managing significant corporate restructuring activities including leadership transition, operational relocation, and ownership structure changes following the completed open offer process.