Shankar lal rampal dye chem Limited announced key board changes and strategic decisions following its board meeting held on 9th April, 2026. The meeting, which lasted from 12:30 PM to 01:10 PM, addressed several important governance matters including director appointments, committee reconstitution, and policy reviews. Subsequently, the company issued a corrigendum to correct certain typographical errors in the original board meeting outcome.

Corrigendum Details

The company filed a corrigendum on April 9, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015, to correct typographical errors regarding dates in the board meeting outcome:

The corrigendum specifically addressed Point No. 4 regarding the reconstitution of Board Committees and Point No. 7 concerning Postal Ballot Details. All other contents mentioned in the original board meeting outcome remain unchanged.

Postal Ballot Process and E-Voting Schedule

Pursuant to Regulation 42 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has announced detailed timelines for its postal ballot process:

Shareholders holding shares either in physical form or in dematerialized form, as on the cut-off date of April 10, 2026, may cast their vote electronically. The e-voting module shall be disabled by NSDL for voting after the end date.

Board Composition Changes

The company's board underwent significant changes with the appointment of a new Independent Director. Mr. Sumit Jain (DIN: 11490160) was appointed as Additional Director in the capacity of Independent Director for a term of 5 consecutive years commencing from 9th April, 2026, up to 8th April, 2031, subject to shareholder approval through the postal ballot.

This appointment follows the resignation of Mr. Murli Atal as Independent Director with effect from 26th March, 2026. The board noted his confirmation that there are no material reasons for his resignation other than those stated in his resignation letter.

Committee Reconstitution

Due to the change in board composition, three key committees were reconstituted effective April 9, 2026 (as corrected in the corrigendum):

Audit Committee

Stakeholders' Relationship Committee

Shankar lal rampal dye chem Limited has informed stock exchanges about the resignation of Mr. Murli Atal from his position as Independent Director, effective from close of business hours on March 26, 2026. The company filed the intimation under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Resignation Details

Mr. Murli Atal, holding Director Identification Number 08150205, submitted his resignation citing professional commitments and time constraints as primary reasons. The resignation affects his position as Independent Director and his membership in all board committees where he served.

Resignation Background

In his resignation letter, Mr. Atal explained that his decision stems from evolving professional engagements in the financial advisory and assurance domain. He stated that prioritizing his professional role in accounts and accuracy would prevent him from dedicating necessary time required for directorial responsibilities. The director emphasized his commitment to avoiding any potential overlap with his professional duties.

Regulatory Compliance

As per SEBI regulations, Mr. Atal provided mandatory confirmations in his resignation letter:

• Material Reasons: He confirmed no other material reasons exist for his resignation beyond those stated
• Other Directorships: He declared holding no directorships in any other listed entity
• Committee Memberships: He confirmed no memberships in board committees of other listed entities

Board Composition Impact

The company assured that following Mr. Atal's resignation, the board composition and its committees continue to comply with applicable legal requirements. Management indicated that the vacancy will be filled in due course, subject to shareholder approval through proper procedures.

Transition Arrangements

Mr. Atal expressed gratitude to the board and management team for their support during his tenure since 2018. He committed to providing necessary assistance during the transition period to ensure smooth handover of responsibilities. The company will complete required formalities with the Registrar of Companies and inform stock exchanges within prescribed timelines.