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 has reported a strong improvement in its financial performance for Q4, with net profit rising to 371M rupees from 210M rupees on a year-on-year basis, while revenue grew to 5.24B rupees from 4.8B rupees. EBITDA for the quarter stood at 688M rupees compared to 488M rupees in the same period last year, with the EBITDA margin expanding to 13.14% from 10.17%. These results were taken up at the Board of Directors meeting held on May 18, 2026, convened in accordance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The official intimation was filed on May 18, 2026, and was digitally signed by Company Secretary Sudhir R Singh pursuant to Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015.

Q4 FY26 Financial Highlights

IG Petrochemicals delivered a notable year-on-year improvement across all key financial metrics in Q4. The following table summarises the company's standalone financial performance:

Board Meeting Agenda

The board meeting convened on May 18, 2026, addressed key financial and shareholder-related matters for the fiscal year ended March 31, 2026. The following items were on the agenda:

Earnings Call Details

IG Petrochemicals has arranged an Earnings Call with investors and analysts on Thursday, May 21, 2026, at 2:00 PM IST, via tele/video conference. The call will be led by Mr. Pramod Bhandari, Chief Financial Officer. Participants can pre-register for the call via the provided link, and RSVP coordination is managed by Strategic Growth Advisors Pvt. Ltd. through Ms. Shaily Patwa and Mr. Om Kanadia.

The access details for the Earnings Call are as follows:

Trading Window Closure

In accordance with the company's Code of Conduct for Prevention of Insider Trading, the trading window has been closed ahead of the board meeting. The key dates pertaining to the trading window are as follows:

• Trading Window Closed: April 1, 2026 to May 20, 2026 (both days inclusive)
• Trading Window Reopens: May 21, 2026

The closure is applicable for the purpose of consideration of the financial results and will be lifted the day after the scheduled board meeting concludes.

Regulatory Compliance

The intimations have been filed with both BSE Limited and The National Stock Exchange of India Ltd., fulfilling the company's disclosure obligations under applicable SEBI regulations. The notices were duly communicated to the Corporate Relationship Department of BSE Limited and the Exchange Plaza of NSE, both located in Mumbai.