Garware Hi-Tech Films Limited has announced a key leadership appointment, naming Mr. Nikhil Sharma as Chief People Officer in the category of Senior Management Personnel. The appointment was approved through a circular resolution by the Board of Directors on April 08, 2026, and will be effective from April 09, 2026.

Appointment Details

The company disclosed the appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal announcement was made to both BSE Limited and National Stock Exchange of India Limited on April 08, 2026.

Professional Background

Mr. Sharma brings substantial experience to his new role at Garware Hi-Tech Films. He holds an MBA in Human Resources and a B.Tech in Electronics & Communication Engineering. With around 18 years of diverse experience in human resources across manufacturing and industrial sectors, he possesses comprehensive expertise in multiple HR domains.

His areas of specialization include:

• Strategic HR leadership
• Talent management
• Organization design
• HR transformation
• Performance Management & Learning
• Compensation & Benefits
• Compliance & Employee Relations
• HR Process Digitization

Role and Responsibilities

In his capacity as Chief People Officer, Mr. Sharma will be responsible for leading the organization's Human Resources and Administration functions. His appointment terms are outlined in the Letter of Appointment issued by the company.

Regulatory Compliance

The appointment disclosure was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The event occurred on April 08, 2026 at 05:16 p.m. (IST), with the formal documentation signed by Company Secretary Awaneesh Srivastava.

Garware Hi-Tech Films Limited has announced a significant change in its senior management team with the resignation of Mr. Yogesh Chavan from his position as President - Corporate HR. The company formally disclosed this development to BSE and NSE on April 07, 2026, in compliance with SEBI Listing Regulations.

Senior Management Change Details

The resignation was communicated through proper regulatory channels, with the company filing the requisite disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The notification was signed by Company Secretary Awaneesh Srivastava and submitted to both stock exchanges where the company is listed.

Reason for Departure

In his resignation letter addressed to Chairman & Managing Director Shri. S. B. Garware, Mr. Chavan stated that he was leaving to pursue further career growth opportunities. He specifically confirmed that there were no other material reasons for his resignation beyond what he had mentioned.

Regulatory Compliance

The company ensured full compliance with regulatory requirements by providing comprehensive documentation to the stock exchanges. This included the formal disclosure format as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, along with a copy of the resignation letter.

Professional Acknowledgment

In his farewell message, Mr. Chavan expressed gratitude for the guidance and support extended to him by seniors, peers, and colleagues during his tenure at Garware Hi-Tech Films Limited. The resignation reflects a professional transition as he seeks new opportunities for career advancement.

The company has fulfilled its disclosure obligations by informing both BSE (Scrip Code: 500655) and NSE (Trading Symbol: GRWRHITECH) about this senior management personnel change, ensuring transparency for all stakeholders.