IG Petrochemicals Limited announced a series of leadership changes at its Board of Directors meeting held on 18th May, 2026. The disclosures were made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 4:30 p.m. and concluded at 6:00 p.m.

Key Leadership Changes

The Board, acting on the recommendation of the Nomination and Remuneration Committee, approved the re-appointment of Shri Sagar Jadhav as Executive Director, while also overseeing a transition in the Chief Human Resources Officer role. The following table summarises the personnel changes announced:

Executive Director Re-appointment

Shri Sagar Jadhav has been re-appointed as Executive Director for a period of three years with effect from 1st July, 2026, subject to the approval of the members of the Company. Jadhav holds a B.E. in Chemical Engineering from Pune University and brings more than 30 years of experience in the management of the chemical industry across various products, functions, and multiple plant locations. His areas of expertise include:

• Safety, health, and environment management
• Project planning and control
• IMS and EnMS
• FDA Plant operations
• Budget and cost control
• Total quality management
• Engineering services management
• Cost optimisation and debottlenecking

The Board also confirmed that Shri Sagar Jadhav is not debarred from holding the office of Director by virtue of any order of SEBI or any other such authority.

CHRO Transition

The Board accepted the resignation of Dr. Rajkumar VP as Chief Human Resources Officer, designated as Senior Management Personnel, with effect from the close of working hours on 18th May, 2026. Consequent to this, the Board appointed Shri Pramod Sanap as the new Chief Human Resources Officer and Senior Management Personnel of the Company with effect from 19th May, 2026.

Shri Pramod Sanap holds a Master's Degree in Labour Studies from Mumbai University and has over 18 years of experience in Human Resources and Employee Relations. He has previously held senior leadership roles with Laxmi Organic Industries Limited as Senior Vice President – HR & ER, as well as with Hindustan Unilever Limited, AkzoNobel India Limited, and Diageo India.

The relevant disclosures were made in accordance with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, and the disclosure confirms that no relationships exist between the directors involved in the appointments.

IG Petrochemicals Limited has submitted its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The certificate was filed with both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on April 6, 2026, demonstrating the company's adherence to regulatory requirements for securities handling.

Regulatory Compliance Filing

The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates that companies and their registrars confirm proper handling of securities received for dematerialization during each quarter.

Certificate Details and Confirmations

Bigshare Services Pvt. Ltd., serving as the registrar and share transfer agent for IG Petrochemicals Limited, provided comprehensive confirmations regarding the dematerialization process. The certificate confirms that securities received from depository participants for dematerialization up to March 31, 2026 were properly confirmed to the depositories.

Key confirmations included in the certificate:

• Securities received for dematerialization were accepted or rejected and confirmed to depositories
• All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization have been mutilated and cancelled after due verification
• Names of depositories have been substituted in the register of members as registered owners within 15 days of receipt

Administrative Details

The certificate was signed by Akash Shamal, Authorized Signatory of Bigshare Services Pvt. Ltd., and countersigned by Sudhir R Singh, Company Secretary of IG Petrochemicals Limited. The filing was made simultaneously to both major Indian stock exchanges where the company's shares are traded.

Regulatory Significance

This quarterly filing represents standard compliance with SEBI's depositories and participants regulations, ensuring transparency in the dematerialization process. The certificate validates that proper procedures were followed for converting physical securities to electronic form during the quarter, maintaining investor confidence in the securities handling process.