Mitsu Chem Plast accepted the resignation of Gargi Sawant as Company Secretary and Compliance Officer effective September 9, 2026.

The company disclosed the change in a filing with BSE Limited on the same date. Ms. Sawant tendered her resignation citing personal reasons.

Resignation Details

Ms. Sawant stepped down from her role as Key Managerial Personnel (KMP) and Compliance Officer at the close of business hours on September 9, 2026. She also resigned from all other statutory or designated positions held within the company.

The Board of Directors acknowledged the resignation letter submitted by Ms. Sawant. The company confirmed it would proceed with necessary filings to the Ministry of Corporate Affairs (MCA), BSE, and other relevant authorities.

Regulatory Disclosure

The intimation was issued pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also referenced SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Manish Dedhia, Managing Director and CFO, signed the communication to the exchange.

Mitsu Chem Plast shareholders approved the preferential issue of warrants and the appointment of a new independent director at its extraordinary general meeting on September 9, 2026.

The meeting, conducted via video conferencing, saw 37 members attend. Manish Dedhia, Managing Director and CFO, chaired the proceedings in the absence of Chairman Jagdish Dedhia.

Key Resolutions Passed

The company sought approval for two primary items of business during the EGM:

• Preferential Issue of Warrants: Shareholders approved the issue of up to 10,00,000 warrants convertible into equity shares with a face value of ₹10 each. These warrants are to be issued to promoters and non-promoters on a preferential basis.
• Appointment of Independent Director: The board recommended and shareholders approved the appointment of Ms. Drishti Shailesh Thakker (DIN: 11888392) as an independent director.

Voting Process and Participation

The company engaged Bigshare Services Private Limited to facilitate remote e-voting from September 6 to September 8, 2026. Voting rights were determined based on shareholding as of September 2, 2026. Mr. Maharshi Ganatra, a practicing company secretary, scrutinized the voting process.

While three shareholders registered to speak, only one attended to raise queries, which were addressed by the chairman. The consolidated e-voting results are scheduled for dissemination on the company website and to BSE Limited within two working days.