Garware Hi-Tech Films Limited has appointed Prashant L. Pai as its Interim Chief Financial Officer, effective August 6, 2026. The Board of Directors approved the appointment during a meeting held on that date, acting on the recommendation of the Nomination and Remuneration Committee. This move ensures continuity in financial leadership while the company searches for a permanent successor for the Key Managerial Personnel role.

The appointment was disclosed to the Bombay Stock Exchange and the National Stock Exchange of India Limited under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing references Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and Para A of Part A Schedule III of the SEBI Listing Regulations. Awaneesh Srivastava, Company Secretary, signed the disclosure.

Profile and Responsibilities

Prashant L. Pai brings three decades of experience in accounting and finance to the role. He holds a Master’s degree and has been associated with Garware Hi-Tech Films Limited and its group companies since the beginning of his career. His responsibilities include finalizing accounts, ensuring statutory compliance, coordinating audits, managing cash flows, budgeting, and adhering to applicable laws and regulations. He possesses expertise in both legacy accounting systems and SAP ERP implementation.

Key Appointment Details

The interim arrangement will remain in place until the Board appoints a new Chief Financial Officer. No relationships requiring disclosure were noted between the appointee and existing directors. The company’s corporate office remains located at Garware House, Vile Parle (East), Mumbai, with its registered office in Naigaon, Aurangabad.

Garware Hi-Tech Films has scheduled its 69th Annual General Meeting (AGM) for September 23, 2026, marking a key corporate governance milestone for shareholders. The meeting will take place at 11:30 a.m. at the company’s registered office in Naigaon, Post Waluj, Chhatrapati Sambhajinagar (Aurangabad), Maharashtra. This gathering allows stakeholders to review annual performance and approve statutory matters.

The Board of Directors approved the meeting schedule during its session on August 06, 2026. In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company notified the Bombay Stock Exchange and the National Stock Exchange of India Ltd. of the proceedings.

To determine eligibility for dividend distribution and remote e-voting facilities, the company has fixed the record date as Wednesday, September 16, 2026. Shareholders holding units on this date will be entitled to participate in the voting process and receive declared dividends.

Key Dates and Details

Scrutinizer Appointment

The company appointed Mr. Mannish L. Ghia, Partner of M/s. Manish Ghia & Associates, as the Scrutinizer for the AGM. Holding Membership No. FCS: 6252 and CP No. 3531, Mr. Ghia will oversee the voting and e-voting process to ensure fairness and transparency in accordance with applicable laws.

Awaneesh Kumar Srivastava, Company Secretary of Garware Hi-Tech Films Limited, signed the disclosure letter on August 06, 2026. The notice was dispatched to both BSE Limited and NSE India to inform investors of the upcoming shareholder meeting.