Chatha Foods Limited has announced a new appointment within its subsidiary structure. The Board of Directors of Allana CF Foods Private Limited, an unlisted subsidiary of Chatha Foods Limited, approved the appointment of Mr. Kulbeer Walia as the Chief Financial Officer of the subsidiary. This decision was made during a meeting held on May 20, 2026, and the appointment is effective from the same date.

Appointment Details

The appointment of Mr. Walia was intimated to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table summarizes the key details of the appointment:

Profile of Mr. Kulbeer Walia

Mr. Kulbeer Walia is an accomplished finance professional with significant experience in accounting, financial management, and regulatory compliance. He possesses strong expertise in financial systems, internal controls, and accounting processes, ensuring accuracy, transparency, and compliance with applicable accounting standards and regulatory requirements.

His key areas of oversight include:

• Preparation of financial statements
• Budgeting and forecasting
• Cash flow management
• Internal controls and financial systems
• Regulatory compliance

Mr. Walia's analytical and process-driven approach is noted to provide valuable financial insights that support strategic decision-making, operational efficiency, and the overall financial stability and growth of the organization.

Regulatory Compliance

The disclosure was made in accordance with the updated SEBI Master Circular dated January 30, 2026. The intimation was signed by Priyanka Oberoi, Company Secretary and Compliance Officer of Chatha Foods Limited, and has been uploaded on the company's official website. There is no disclosure of any relationship between Mr. Walia and the directors of the company.

Chatha Foods Limited has officially communicated to BSE Limited regarding the non-applicability of specific SEBI regulations for the financial year 2026. The company has confirmed its exemption from Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, based on its listing status on the BSE SME Exchange.

Regulatory Exemption Details

The exemption is grounded in Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which provides specific relief for companies listed on SME exchanges. This regulatory framework recognizes the distinct operational and compliance requirements of small and medium enterprises compared to mainboard-listed companies.

Compliance Impact

As a direct consequence of this regulatory exemption, Chatha Foods Limited is not required to submit the Annual Secretarial Compliance Report for the year ended March 31, 2026. This represents a significant compliance relief for the company, reducing administrative burden while maintaining appropriate regulatory oversight for SME-listed entities.

The notification was formally submitted to BSE Limited on April 10, 2026, and was digitally signed by Priyanka Oberoi, Company Secretary & Compliance Officer. The company has requested BSE to take this information into their official records.

Company Operations

Chatha Foods Limited operates from multiple locations across Punjab, with its registered office located in Jalandhar and manufacturing units in Mohali district. The company maintains its corporate identification number L15310PB1997PLC020578 and continues its operations under the regulatory framework applicable to BSE SME Exchange-listed companies.