Ridhi Synthetics Announces Completion of Independent Director Jash Dalia's Term

Ridhi Synthetics Limited has formally notified BSE Limited regarding the completion of Mr. Jash Dalia's term as Independent Director, marking the end of his five-year tenure with the company. The announcement comes as part of the company's regulatory compliance obligations under SEBI guidelines.

Director's Tenure Details

Mr. Jash Dalia, holding Director Identification Number 09120438, was initially appointed as an Independent Director during the company's 40th Annual General Meeting held on July 16, 2021. His appointment was effective from March 30, 2021, for a term of five consecutive years, concluding on March 29, 2026.

Parameter	Details
Director Name	Mr. Jash Dalia
DIN	09120438
Appointment Date	March 30, 2021
Term End Date	March 29, 2026
Duration	Five consecutive years
AGM Details	40th AGM held July 16, 2021

Transition and Re-appointment Decision

The company has disclosed that Mr. Dalia has expressed his intention not to seek re-appointment for a second term. His tenure will officially conclude at the close of business hours on March 29, 2026, completing his first term as an Independent Director.

Regulatory Compliance

In compliance with SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, Ridhi Synthetics has provided the mandatory disclosure information regarding the directorial change. The notification was signed by Vishal Chaturvedi, Director with DIN 10043860, on behalf of the company.

Disclosure Requirement	Status
Reason for Change	Completion of 1st term as Independent Director
Effective Date	March 29, 2026
Brief Profile	Not Applicable
Director Relations Disclosure	Not Applicable

The company's registered office is located at 11-B, Mittal Tower, Free Press Journal Marg, Nariman Point, Mumbai – 400021, and the notification was submitted to BSE Limited as part of its ongoing regulatory obligations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	0.0%	0.0%	-100.00%

Ridhi synthetics Limited has announced the appointment of Mr. Ashish Rameshwar Agarwal as Additional Independent Director, effective March 28, 2026. The appointment has been made by the Board of Directors and is subject to approval from shareholders.

Appointment Details

The company has disclosed the appointment in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The key details of the appointment are structured as follows:

Parameter:	Details
Director Name:	Mr. Ashish Rameshwar Agarwal
DIN:	11385082
Position:	Additional Independent Director
Effective Date:	March 28, 2026
Tenure:	5 years
Approval Required:	Shareholders approval

Director Profile and Qualifications

Mr. Ashish Rameshwar Agarwal brings professional expertise to the board as a Chartered Accountant with more than 7 years of experience in taxation matters. The company has confirmed that he has no relations with existing directors on the board.

Regulatory Compliance

Ridhi Synthetics Limited has confirmed that Mr. Ashish Rameshwar Agarwal is not debarred from holding the office of director pursuant to any SEBI order or any other regulatory authority. This confirmation aligns with the requirements under BSE Circular LIST/COMP/14/2018-19 and NSE circular NSE/CML/2018/24, both dated June 20, 2018.

Corporate Governance Impact

The appointment of an Additional Independent Director strengthens the company's board composition and enhances corporate governance practices. Independent directors play a crucial role in providing objective oversight and strategic guidance to the management.

The disclosure was signed by Vishal Chaturvedi, Director (DIN: 10043860), on behalf of Ridhi Synthetics Limited, demonstrating the company's commitment to transparent communication with stakeholders and regulatory compliance.