Adline chem lab Limited has announced a significant leadership change with the appointment of Mr. Vrushank Balkrushna Patel as Chairman and Managing Director. The board of directors approved this appointment during their meeting held on February 10, 2026, based on recommendations from the Nomination and Remuneration Committee.

Board Meeting Details

The board meeting took place on Tuesday, February 10, 2026, commencing at 05:45 p.m. and concluding at 06:05 p.m. The appointment follows the resignation of Mr. Sarang Pathak from his directorship position at the company.

Leadership Profile

Mr. Vrushank Balkrushna Patel brings diverse business experience to his new role. He is an undergraduate who studied till the 4th year of Civil Engineering from South Gujarat University. His professional background spans multiple sectors including real estate development and ceramic tile manufacturing.

Since 2013, Mr. Patel has been actively involved in:

• Green Energy Generation
• Real Estate Business
• Import & Trading of Natural Resources

Regulatory Compliance

The appointment has been made in accordance with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that Mr. Patel is not debarred from holding the office of Director by virtue of any SEBI Order or any other authority.

Corporate Governance

As part of the disclosure requirements, the company has confirmed that Mr. Vrushank Balkrushna Patel is not related to any other directors of the company, ensuring independence in the board structure. The appointment will be subject to approval by shareholders at the ensuing general meeting of the company.

This leadership transition marks a new chapter for Adline Chem Lab Limited as it continues its operations under new management guidance.

Adline Chem Lab Limited has provided additional details regarding its Chief Financial Officer resignation in a fresh corporate announcement dated December 30, 2025. This follows the company's earlier significant board restructuring and financial results disclosure from November 2025.

CFO Resignation Details

The company has submitted supplementary information regarding the resignation of Mr. Kuldip Ashokkumar Parekh from his position as Chief Financial Officer. The resignation details are as follows:

This announcement serves as additional information to the company's earlier corporate announcement dated June 13, 2025, regarding the outcome of the board meeting held on the same date. The board had duly accepted Mr. Parekh's resignation during that meeting.

Previous Leadership Changes

The company has undergone significant management changes in recent months. In November 2025, Adline Chem Lab announced major shifts in its top management:

• Sarang Bharatbhai Pathak resigned from his position as Executive Director-Chairman (Managing Director)
• Hemant Amrish Parikh stepped down as Non-Executive Promoter Director
• Vrushank Patel was appointed as the new Chairman of the Board

Board Committee Restructuring

Following the leadership changes, the company restructured its board committees with new compositions for the Audit Committee, Nomination Remuneration and Compensation Committee, and Stakeholders Relationship Committee, all featuring appropriate independent director representation.

Recent Financial Performance

The company's latest financial results for the quarter and half-year ended September 30, 2025, showed:

Regulatory Compliance

The fresh corporate announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document was digitally signed by Vrushank B. Patel, Director (DIN: 05310613), ensuring proper regulatory compliance and transparency for stakeholders.