Goblin India Limited has announced a significant leadership change with the resignation of Executive Director Mr. Yatin Hasmukhlal Doshi, effective April 30, 2026. The luggage manufacturer communicated this development to BSE Limited on May 1, 2026, in accordance with regulatory requirements.

Executive Director Departure Details

The company filed the resignation notice under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation became effective from the close of business hours on April 30, 2026.

Resignation Communication

In his resignation letter dated April 30, 2026, Mr. Doshi stated that he would no longer be able to devote his time to the company. The resignation was addressed to the Board of Directors and was accepted by Chairman & Managing Director Manojkumar J. Choukhany.

Mr. Doshi confirmed in his resignation letter that there are no material reasons for his departure other than his inability to commit adequate time to company operations. He expressed gratitude to the Board of Directors for their cooperation and support during his tenure.

Regulatory Compliance

Goblin India Limited ensured full compliance with regulatory disclosure requirements. The company submitted the necessary documentation to BSE Limited, including the complete resignation letter and annexure detailing the director change information as mandated under SEBI regulations.

Company Background

Goblin India Limited operates as an ISO 9001 certified luggage manufacturer based in Ahmedabad, Gujarat. The company is incorporated under CIN L51100GJ1989PLC012165 and maintains its registered office at Camex House, Stadium-Commerce Road, Navrangpura.

The resignation represents a change in the company's executive leadership structure, with Managing Director Manojkumar J. Choukhany continuing in his role. The company has fulfilled all regulatory obligations regarding the director change notification to maintain transparency with stakeholders and regulatory authorities.

Goblin India Limited held a board meeting on March 10, 2026, to formalize key changes to its board composition, including the appointment of a new independent director and acceptance of a resignation, both effective from the same date. The meeting was conducted in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The board meeting commenced at 4:15 p.m. and concluded at 5:00 p.m. on March 10, 2026. The company has formally communicated these changes to BSE Limited, providing comprehensive disclosure as required under regulatory guidelines.

New Director Appointment

Based on the recommendation of the Nomination & Remuneration Committee, the board approved the appointment of Ms. Kinjal Parmar (DIN: 10831250) as an Additional and Non-Executive Independent Director for a term of 5 years, subject to shareholder approval.

Ms. Kinjal Parmar is not related to any existing directors and is not debarred from holding the office of Director by any SEBI Order or other regulatory authority.

Director Resignation

The board took note of the resignation tendered by Mr. Deepakkumar Kushalchandra Chaubisa (DIN: 09629889) from his position as Independent Director (Non-Executive) and from various committees, effective from closing business hours of March 10, 2026. In his resignation letter, he cited inability to devote time to the company as the reason for his departure.

Committee Reconstitution

Following these board changes, the company approved the reconstitution of its Audit Committee and Nomination and Remuneration Committee with effect from March 10, 2026, ensuring compliance with the Companies Act, 2013 and SEBI regulations.

Audit Committee (Post Reconstitution):

• Mr. Vimal Laljibhai Kalaria - Chairman
• Ms. Kinjal Parmar - Member
• Mr. Manojkumar Choukhany - Member

Nomination and Remuneration Committee (Post Reconstitution):

• Ms. Kinjal Parmar - Chairman
• Mr. Vimal Laljibhai Kalaria - Member
• Mr. Manish Agrawal - Member

These changes demonstrate the company's commitment to maintaining robust corporate governance standards while ensuring compliance with applicable regulatory requirements.