Garware Hi-Tech Films Re-appoints M/s. B. R. Chandak & Co. as Cost Auditor for Financial Year 2026-27

Garware Hi-Tech Films has announced the re-appointment of M/s. B. R. Chandak & Co., Cost Accountants, as its Cost Auditor for Financial Year 2026-27. The Board of Directors approved this re-appointment at its meeting held on Wednesday, May 06, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Re-appointment Details

The Board, on the recommendation of the Audit Committee, approved the re-appointment along with the payment of remuneration for FY 2026-27. The remuneration is subject to ratification by the shareholders of the company at the ensuing Annual General Meeting (AGM). The key details of the re-appointment are outlined below:

Parameter:	Details
Name:	M/s. B. R. Chandak & Co., Cost Accountants
Firm Registration No.:	100380
Reason:	Re-appointment
Effective Date:	May 06, 2026
Tenure:	Financial Year 2026-27
Membership No.:	21959
Subject to:	Ratification of remuneration by shareholders at ensuing AGM

Profile of the Cost Auditor

CMA Bhagyashree Chandak is the Proprietor of M/s. B. R. Chandak & Co. She holds a B.Com. degree from Pune University and is a fellow member of the Institute of Cost Accountants of India. She has held a Certificate of Practice from the ICMAI Institute since 2001 and brings more than 20 years of post-qualification experience in Cost Accounting and Audit, as well as Financial Accounting and Audit.

Regulatory Compliance

The disclosure was made in accordance with the Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, read with Para A of Part A of Schedule III of the SEBI Listing Regulations. The company confirmed that there is no disclosure of relationships between directors applicable to this appointment. The intimation was signed by Awaneesh Srivastava, Company Secretary (FCS 8513), on behalf of Garware Hi-Tech Films.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.96%	+32.29%	+42.27%	+55.42%	+72.63%	+523.30%

The Board of Directors of Garware Hi-Tech Films , at its meeting held on May 06, 2026, approved two key board-level appointments, as disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The decisions were made based on the recommendation of the Nomination and Remuneration Committee and are subject to regularisation by the shareholders of the company.

Appointment of Ms. Sonali Rajesh Mehta as Independent Director

Ms. Sonali Rajesh Mehta (DIN: 11485935) has been appointed as Additional Director in the category of Non-Executive and Independent Director, effective June 25, 2026. Her appointment is for a first term of one year and is not liable to retire by rotation, subject to shareholder approval. She steps into the role in place of Ms. Devanshi Nanavati, whose second term as Independent Director concludes on June 24, 2026.

Ms. Mehta brings over a decade of legal expertise to the board. Her professional profile and key details are outlined below:

Parameter:	Details
Name:	Ms. Sonali Rajesh Mehta
DIN:	11485935
Role:	Additional Director – Non-Executive and Independent Director
Effective Date:	June 25, 2026
Term:	One year (first term), not liable to retire by rotation
Educational Qualification:	LLB and B.Com, University of Mumbai
Professional Membership:	Member, Bombay Bar Association
Current Position:	Associates Partner, Desai & Diwanji, Mumbai
Prior Experience:	Senior Associate at Khaitan Legal Association; Associate at Tatva Legal
Specialisation:	Arbitration, commercial litigation, insolvency, and complex liability insurance claims
Related Party:	Not related to any Directors or Key Managerial Personnel of the Company
Regulatory Status:	Not debarred or disqualified by SEBI, Ministry of Corporate Affairs, or any other statutory authority

Re-appointment of Ms. Monika Garware as Vice-Chairperson and Joint Managing Director

The Board also approved the re-appointment of Ms. Monika Garware (DIN: 00143400) as Vice-Chairperson and Joint Managing Director of the Company. Her re-appointment is for a period of five years, effective November 01, 2026, to October 31, 2031, liable to retire by rotation, and is subject to shareholder approval.

The key details of Ms. Monika Garware's re-appointment are as follows:

Parameter:	Details
Name:	Ms. Monika Garware
DIN:	00143400
Role:	Vice-Chairperson and Joint Managing Director
Effective Date:	November 01, 2026
Term:	Five years (November 01, 2026 to October 31, 2031), liable to retire by rotation
Educational Qualification:	Graduate, Vassar College, USA; MBA, Lubin Business School, Pace University, New York, USA
Association with Company:	Director since March 31, 1989
Responsibilities:	Handles overall business affairs of the Company
Family Relations:	Daughter of Dr. S. B. Garware; sister of Mrs. Sarita Garware Ramsay and Ms. Sonia Garware
Regulatory Status:	Not debarred from accessing capital markets or holding directorship by any SEBI or other statutory authority order

Regulatory Compliance

Both appointments have been disclosed in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosures also comply with the requirements of the Master Circular dated January 30, 2026, and the BSE and NSE circulars dated June 20, 2018. The intimation was signed by Awaneesh Srivastava, Company Secretary (FCS 8513), on behalf of Garware Hi-Tech Films Limited.