The Board of Directors of United Polyfab Gujarat Limited , at its meeting held on Wednesday, May 06, 2026, approved the appointment of three new Non-Executive Independent Directors — Mr. Nareshkumar Mistri, Mr. Rohit Ashokkumar Agrawal, and Ms. Payal Jangir — effective May 06, 2026. The appointments were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Each director has been appointed as an Additional Director for a consecutive term of 5 (Five) years, not liable to retire by rotation, subject to the approval of the company's shareholders.

Director Appointments at a Glance

All three newly appointed directors have been confirmed to be independent of the company's existing board and management. The company has stated that none of them are related to any Director of the company as defined under Section 2(77) of the Companies Act, 2013. Additionally, in accordance with the circular dated June 20, 2018, issued by the Stock Exchanges, the company has confirmed that none of the three directors are debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority.

The key details of the appointments are summarised below:

Brief Profiles of the Newly Appointed Directors

Each of the three directors brings a distinct professional background to the board:

• Mr. Nareshkumar Mistri is a professional in the textile and manufacturing industry with a foundational background in B.Tech (Textile Technology). His career reflects a transition from technical textile engineering into specialised manufacturing and consultancy roles.
• Mr. Rohit Agrawal is a marketing professional with over 7 years of experience in the textile industry. He combines an MBA in Marketing with deep technical knowledge of garment manufacturing, fabric sourcing, and supply chain management, with a proven track record in driving brand growth, expanding B2B market share, and managing high-value international and domestic accounts.
• Ms. Payal Jangir holds a Master's degree in Mathematics and has strong skills in analysis and problem-solving. She is able to understand complex information and use it to support clear and practical decision-making, and can contribute effectively to board discussions.

Reconstitution of Board Committees

Following these appointments, the company has reconstituted its key board committees in compliance with the requirements of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

Audit Committee

Nomination and Remuneration Committee

Stakeholders Relationship Committee

Regulatory Compliance

The disclosures were made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023. The board meeting commenced at 05:00 p.m. and concluded at 05:30 p.m. at the company's registered office in Ahmedabad. The communication was signed by Gagan Nirmalkumar Mittal, Chairman & Managing Director of the company.

United Polyfab Gujarat has taken significant strides in its commitment to sustainable growth by launching new renewable energy projects. The textile manufacturer has recently commissioned a 2.7 MW windmill and a 10 MW solar plant, marking a substantial expansion of its green energy capacity.

Renewable Energy Expansion

The company's latest installations include:

• A 2.7 MW windmill
• A 10 MW solar plant

These additions represent a notable investment in clean energy infrastructure, aligning with global trends towards sustainability in industrial operations.

Strategic Move Towards Sustainability

United Polyfab Gujarat's decision to invest in wind and solar power generation facilities demonstrates a strategic approach to:

1. Reducing its carbon footprint
2. Potentially lowering long-term energy costs
3. Enhancing its environmental, social, and governance (ESG) profile

Impact on Operations

While specific details about the impact on the company's operations are not provided, such renewable energy installations typically offer several benefits:

• Increased energy independence
• Potential reduction in electricity costs over time
• Improved sustainability metrics, which may appeal to environmentally conscious investors and customers

Industry Context

The textile industry, known for its high energy consumption, has been under increasing pressure to adopt more sustainable practices. United Polyfab Gujarat's move to integrate renewable energy sources into its operations positions the company as a proactive player in addressing these industry-wide challenges.

Looking Ahead

As United Polyfab Gujarat continues to expand its renewable energy capacity, stakeholders will likely be watching for:

• The impact of these installations on the company's operational efficiency
• Any future plans for further expansion of green energy initiatives
• Potential improvements in the company's sustainability reports and ESG ratings

This significant investment in wind and solar energy underscores United Polyfab Gujarat's commitment to sustainable growth and may set a precedent for other players in the textile industry to follow suit.