Bhagiradha Chemicals & Industries has announced a significant addition to its leadership team. The company's wholly owned subsidiary, Bheema Fine Chemicals Private Limited, has appointed Mr. Venkat Sai (DIN: 08976504) as an Additional Director in the capacity of Whole Time Director, effective November 04, 2025.

Extensive Industry Experience

Mr. Venkat Sai brings a wealth of experience to his new role, with over 35 years in the agrochemical industry. His impressive career trajectory includes:

• Previously served as a Board Member and Executive Committee Lead at Nichino India (formerly Hyderabad Chemicals)
• Board member of CCFI (Crop Care Federation of India)
• Progression from a front-line sales officer to top leadership positions

Key Expertise

Mr. Sai's appointment is expected to bring valuable skills to Bheema Fine Chemicals, including:

• Operational excellence
• Strategic planning
• Market intelligence
• B2B partnerships
• Product development
• Marketing and demand generation
• Regulatory affairs

Leadership and Business Acumen

Throughout his career, Mr. Sai has demonstrated:

• Ability to build businesses from the ground up
• Success in penetrating new markets
• Creation of strategic alliances
• Nurturing long-term partnerships with global MNCs and leading national players

Appointment Details

Bhagiradha Chemicals & Industries has confirmed that Mr. Venkat Sai's appointment complies with all regulatory requirements, including those set by SEBI and other relevant authorities.

This strategic appointment aligns with Bhagiradha Chemicals' commitment to strengthening its leadership team with industry veterans. Mr. Sai's extensive experience and proven track record in the agrochemical sector are expected to contribute significantly to the growth and strategic direction of Bheema Fine Chemicals Private Limited.

Bhagiradha Chemicals & Industries has taken a significant step to support its wholly owned subsidiary, Bheema Fine Chemicals Private Limited, by providing a corporate guarantee of Rs. 215.00 crores. This guarantee is aimed at securing credit facilities from three major banks for the subsidiary.

Breakdown of Credit Facilities

The corporate guarantee covers credit facilities from three banks, as detailed below:

Key Points of the Transaction

1. Arm's Length Transaction: The company has confirmed that this guarantee is provided on an arm's length basis, ensuring fairness and transparency in the transaction.

2. No Promoter Interest: The promoter group of Bhagiradha Chemicals & Industries has no interest in this transaction, further emphasizing its business-oriented nature.

3. Financial Impact: The guarantee will be recorded as a contingent liability in Bhagiradha Chemicals' books. As of now, the company states that there is no other impact on its financial position.

4. Regulatory Compliance: This corporate action has been disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This move by Bhagiradha Chemicals & Industries demonstrates its commitment to supporting its subsidiary's growth and operations. By facilitating access to substantial credit facilities, the parent company is potentially enabling Bheema Fine Chemicals Private Limited to expand its operations or manage its working capital more effectively.

Investors and stakeholders should note that while this guarantee strengthens the subsidiary's financial position, it also represents a contingent liability for Bhagiradha Chemicals. The company's future financial statements will reflect this guarantee, and its impact will depend on the subsidiary's ability to meet its financial obligations to the banks.