The Board of Directors of Deepak Nitrite Limited , at its meeting held on 15th May, 2026, approved a series of significant changes to the company's board composition. The meeting commenced at 2:10 P.M. and concluded at 4:30 P.M. These changes are subject to shareholder approval at the ensuing Annual General Meeting and have been disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Board Changes at a Glance

The board decisions encompass the re-appointment of an existing executive director, the appointment of a new executive director, and the retirement of a director. The following table summarises the key changes approved:

Re-appointment of Shri Girish Satarkar as Executive Director

The board approved the re-appointment of Shri Girish Satarkar (DIN: 00340116) as a Whole-time Director designated as Executive Director of the company for a period of three years with effect from 4th August, 2026. Shri Satarkar holds a B.Sc. (Tech) and M.Sc. (Tech) in Textile Chemistry from The Institute of Chemical Technology, ICT (formerly UDCT) University of Mumbai, and a Masters of Marketing Management (MMM) from Welingkar Institute of Management, University of Mumbai.

He brings over 37 years of experience in the chemical industry, including 18 years in leadership positions. His expertise spans business operations, risk management, corporate governance, and international and domestic marketing. Shri Satarkar is not related to any of the directors or Key Managerial Personnel of the company and is not debarred from holding the office of a director by virtue of any SEBI order or any other authority.

Appointment of Shri Anant Pande as Executive Director & CMO

The board approved the appointment of Shri Anant Pande (DIN: 08186854) as a Whole-time Director designated as Executive Director & Chief Manufacturing Officer (CMO) for a period of three consecutive years with effect from 5th August, 2026. Shri Pande, aged 63 years, holds a B.E. (Hons.) in Chemical Engineering and M.Sc. (Hons.) in Chemistry from Birla Institute of Technology & Science, Pilani, Rajasthan, and an Executive Diploma in Management from Kirloskar Institute of Advanced Management Studies, Harihara, Karnataka.

Shri Pande brings approximately 40 years of experience in life science chemicals and pharmaceutical companies, with a focus on developing and implementing growth strategies. His prior leadership roles include:

• Dhampur Sugar Mills Limited – Chief Executive Officer
• Jubilant Life Sciences – Whole-time Director & Chief of Operations
• Atul Limited – President, Technology & Manufacturing
• Jubilant Life Sciences Limited – President, Manufacturing & Projects
• Continental Carbon India Limited – Chief Executive, Operations
• Indo Greefuel Private Limited – Chief Operating Officer
• Aditya Birla Group – Leadership role

Shri Pande also co-chairs the Manufacturing Excellence Committee of the Federation of Indian Chambers of Commerce & Industry (FICCI). He is not related to any of the directors or Key Managerial Personnel of the company and is not debarred from holding the office of a director by virtue of any SEBI order or any other authority.

Retirement of Shri Ajay C. Mehta

Shri Ajay C. Mehta (DIN: 00028405) is retiring by rotation at the ensuing Annual General Meeting and has not offered himself for re-appointment. His cessation is effective August 5, 2026. The board has recommended to shareholders the appointment of Shri Anant Pande as a Director liable to retire by rotation in place of Shri Ajay C. Mehta. All three changes remain subject to shareholder approval at the ensuing Annual General Meeting of the company.

Deepak Nitrite Limited has announced the schedule for its Q4 & FY26 Earnings Conference Call, set to take place on Monday, 18 May 2026 at 3:30 PM IST. The call will cover the company's financial results for the fourth quarter and the full year ended March 31, 2026. The conference call will be hosted by IIFL Capital. The disclosure was made in compliance with Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to the National Stock Exchange of India Limited on May 13, 2026.

Management Participation

The earnings call will feature senior members of Deepak Nitrite's management team. The following executives are scheduled to represent the company:

• Mr. Maulik Mehta – Deputy Managing Director
• Mr. Sanjay Upadhyay – Director – Finance & Group CFO
• Mr. Somsekhar Nanda – Chief Financial Officer

Conference Call Details

Participants can pre-register to receive dial-in numbers, a passcode, and a PIN directly to their registered email address. The key access details for the call are outlined below:

Investor Contact Information

For further information regarding the conference call, stakeholders may reach out through the following contacts:

The company is headquartered at its Registered & Corporate Office at 2nd Floor, Fermenter House, Alembic City, Vadodara – 390 003, Gujarat, India.