Nilkamal Limited has intimated BSE Limited and the National Stock Exchange of India Limited regarding the resignation of Mr. Murtaza Taherbhai Manglorwala, Associate Vice President - Category Management, Furniture Division, who held the designation of Senior Management Personnel (SMP) at the company. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was filed on May 13, 2026.

Resignation Details

Mr. Murtaza Taherbhai Manglorwala submitted his resignation letter dated May 13, 2026, citing his intent to pursue new challenges and opportunities. The company acknowledged the resignation and confirmed that he will be relieved from his duties with effect from the close of business hours on June 15, 2026. The disclosure was made in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The key details of the disclosure, as provided under Annexure A of the regulatory filing, are summarised below:

Resignation Letter Highlights

In his resignation letter addressed to Mr. Manish Parekh, Joint Managing Director of Nilkamal Limited, Mr. Manglorwala formally tendered his resignation from the position of Associate Vice President - Category Management, Furniture Division, effective the closing hours of June 15, 2026. He expressed appreciation for the support and opportunities received during his tenure, describing the experience as valuable and enriching. He also conveyed his gratitude for the opportunity to contribute to the organisation's growth and success.

Regulatory Compliance

The intimation was signed by Sagar Mehta, Company Secretary and Compliance Officer of Nilkamal Limited, and the disclosure has also been made available on the company's website. The filing confirms the company's adherence to its obligations under the applicable SEBI listing regulations governing the disclosure of changes in senior management personnel.

Hiten V. Parekh, acting on behalf of the promoters and promoter group of Nilkamal Limited, has submitted a formal declaration to the stock exchanges confirming that no encumbrance has been created on the company's shares held by the promoter and promoter group during the financial year ended March 31, 2026. The declaration, dated April 3, 2026, was filed with BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Declaration Details

The declaration was made by Hiten V. Parekh on behalf of himself, all promoters, the promoter group, and persons acting in concert (PAC). The filing explicitly states that no encumbrance, whether direct or indirect, was created on the shares of Nilkamal Limited held by the promoter and promoter group during the financial year ended March 31, 2026. The declaration has been addressed to the Audit Committee of Nilkamal Limited as well.

Promoter and Promoter Group Composition

The declaration is accompanied by a list of all promoters, promoter group members, and persons acting in concert as on March 31, 2026. The complete list comprises 20 individuals and entities, as detailed below.

Compliance Context

The filing is in accordance with the mandatory annual disclosure requirement under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which requires promoters of listed companies to declare whether any encumbrance has been created on shares held by them during the preceding financial year. The registered address of Nilkamal Limited is Survey No.354/2 and 354/3, Near Rakholi Bridge, Silvassa Khanvel Road, Vasona, Silvassa 396 230, Union Territory of Dadra and Nagar Haveli and Daman and Diu.