Indo Rama Synthetics (India) Limited indo rama synthetics appointed Ambika Sharma and Atim Kabra as Additional Directors on July 27, 2026, strengthening its governance structure 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. This move enhances the Board’s diversity and expertise, bringing in leadership with over three decades of experience in global economic networks and equity research.

The appointments were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and applicable provisions. 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 appointees were recommended by the Nomination and Remuneration Committee.

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. Her term begins on July 27, 2026, for five years, ending on July 26, 2031. 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. His term mirrors Sharma’s, running from July 27, 2026, to July 26, 2031. 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 confirm that both Ambika Sharma and Atim Kabra are not debarred or disqualified from holding office by any order of the Ministry of Corporate Affairs or SEBI. The Company Secretary and Compliance Officer, Ashok Yadav, digitally signed the disclosure filed with the National Stock Exchange of India Limited and BSE Limited.

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.