Indo Rama Synthetics (India) Limited indo rama synthetics appointed Ambika Sharma and Atim Kabra as Additional Directors on July 27, 2026, enhancing its governance framework with seasoned professionals in international business strategy and financial markets. The Board of Directors approved the appointments through resolutions passed by circulation, subject to final ratification by shareholders at the ensuing Annual General Meeting. Both appointees join as Non-Executive Independent Directors, serving five-year terms from July 27, 2026, to July 26, 2031, and are not liable to retire by rotation.

The appointments were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III. The company also cited compliance with SEBI circular SEBVHO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Both directors were recommended by the Nomination and Remuneration Committee and are confirmed as not debarred or disqualified by any order of the Ministry of Corporate Affairs or SEBI.

Ambika Sharma joins as a Non-Executive Independent Director (Woman). She brings extensive experience from her roles as Director General - International at FICCI and Managing Director of the U.S.-India Business Council. Atim Kabra joins as a Non-Executive Independent Director, leveraging his background as Executive Director at Astra Microwave Products Ltd and his expertise in equity research and portfolio management with global institutions like ABN AMRO Bank. Neither director is related to the promoters or existing board members.

Committee Reconstitutions

The Board reconstituted three key committees to integrate the new directors:

Audit Committee Pursuant to Section 177 of the Companies Act, 2013 and Regulation 18 of the Listing Regulations, the committee now includes:

Nomination and Remuneration Committee Under Section 178 of the Companies Act, 2013 and Regulation 19 of the Listing Regulations:

Stakeholders and Relationship Committee Governed by Section 178 of the Companies Act, 2013 and Regulation 20 of the Listing Regulations:

The disclosures were filed with the National Stock Exchange of India Limited and BSE Limited by Ashok Yadav, Company Secretary and Compliance Officer.

Indo Rama Synthetics (India) Limited announced the demise of its Independent Director, Mr. Dhanendra Kumar, on Thursday, May 28, 2026. The company confirmed that he ceased to be a Director on the Board and on all other committees of the Board of Directors from the said date. This development constitutes a material change in the company's leadership structure.

The intimation was submitted to the exchanges in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company stated that it received information regarding the demise through newspaper or public media on May 29, 2026.

Mr. Dhanendra Kumar held the Director Identification Number (DIN) 05019411. The company expressed condolences, noting that his unexpected demise is an irreparable loss to the organization. All Directors and employees have extended their sympathies to his family.

The following table details the disclosure regarding the change in directorship:

The filing was signed by Ashok Yadav, Company Secretary and Compliance Officer, on behalf of Indo Rama Synthetics (India) Limited.