Bindal Exports Limited has announced significant changes to its leadership following the company's 18th Annual General Meeting (AGM) held on September 23. Shareholders approved two key appointments, demonstrating the company's commitment to both continuity and fresh perspectives in its governance.

Re-appointment of Managing Director

Shareholders approved the re-appointment of Ravindrakumar Kanhaiyalal Arya as Managing Director for a five-year term starting September 1. Arya, who has been with the company since its inception, brings extensive experience in the textile industry and comprehensive knowledge of the company's products.

Key points about Arya's re-appointment:

• Term: Five years from September 1
• Experience: Director since the company's incorporation
• Background: One of the subscribers to the company's memorandum of association
• Family connections: Two sons, Anupam Ravindra Arya and Apurva Ravindra Arya, are involved in the organization

The company confirmed that Arya has not been debarred from holding directorial positions by any regulatory authority.

Appointment of Independent Director

In addition to Arya's re-appointment, shareholders approved the appointment of Ms. Nandita Manoj Goyal as an Independent Director.

Key details of Goyal's appointment:

• Position: Independent Director
• Term: Five years, from August 26 to August 25
• Effective Date: August 26
• DIN: 09177269

Professional Background of Nandita Goyal

• Education: B.B.A. LL.B. (Hons.) from Gujarat National Law University
• Expertise: Corporate law, intellectual property, and capital markets
• Qualification: Registered Independent Director with the Indian Institute of Corporate Affairs

Compliance and Disclosures

Bindal Exports has confirmed that both appointments comply with all regulatory requirements. Specifically for Ms. Goyal:

• Not related to any other director of the company
• Not debarred from holding directorship by any authority, including SEBI

AGM Proceedings

The 18th AGM, held at the company's registered office in Surat, Gujarat, was presided over by Mr. Ravindrakumar Kanhaiyalal Arya, Chairman & Managing Director. The meeting addressed various matters including:

• Adoption of financial statements
• Re-appointment of directors
• Appointment of statutory and secretarial auditors
• Approval of material related party transactions

The AGM ran from 1:00 PM to 2:15 PM, with nine shareholders in attendance.

Company Secretary Statement

CS Pratibha Bhutra, Company Secretary & Compliance Officer of Bindal Exports, confirmed the proceedings and appointments in compliance with SEBI regulations. The company has informed the BSE Limited about the outcome of the AGM and the regularization of both appointments.

These appointments are expected to bring a balance of experience and fresh perspectives to Bindal Exports' leadership, potentially strengthening the company's position in the textile industry and its corporate governance structure.

Bindal Exports Limited has announced significant changes to its board composition and key appointments following a board meeting held on August 26, 2025. The textile company has made strategic decisions aimed at strengthening its leadership and ensuring compliance with regulatory requirements.

Management Changes

The board has recommended the re-appointment of Ravindrakumar Kanhaiyalal Arya as Managing Director for a five-year term, commencing September 1, 2025, subject to shareholder approval at the upcoming Annual General Meeting (AGM). Arya, a founding member of Bindal Exports, brings extensive experience in the textile industry and deep knowledge of the company's products.

In a notable change, Khushboo Agarwal has stepped down from her position as a director, citing other pre-occupations. Her resignation took effect on August 26, 2025. To fill the vacancy and maintain board composition requirements, the company has appointed Nandita Manoj Goyal as an Additional Independent Director.

New Independent Director

Nandita Manoj Goyal, the newly appointed Additional Independent Director, brings a fresh perspective to the board. Holding a B.B.A. LL.B. (Hons.) degree from Gujarat National Law University, Goyal has experience in corporate law, intellectual property, and capital markets. She is also a qualified Independent Director registered with the Indian Institute of Corporate Affairs.

Auditor Appointments

The board has recommended the re-appointment of Rajesh Bhauwala & Co. (FRN: 118275W) as Statutory Auditors for a term of five years, from the conclusion of the 18th AGM until the 23rd AGM. This decision is subject to shareholder approval.

Additionally, MD Baid & Associates, a firm of Practicing Company Secretaries, has been recommended for re-appointment as Secretarial Auditors for a five-year term covering financial years 2025-26 to 2029-30, pending shareholder approval.

Corporate Governance and Compliance

In light of the directorship changes, Bindal Exports has reconstituted its Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee. These adjustments ensure continued compliance with regulatory requirements, particularly Regulation 17 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 149 of the Companies Act, 2013.

Upcoming Annual General Meeting

The board has approved the Director's Report and Annual Report for the financial year 2024-25. Details for the 18th AGM have been finalized, including the date, time, and venue. The company has also set the book closure and cut-off dates for the AGM and approved the remote e-voting period.

Bindal Exports Limited's proactive approach in refreshing its leadership and ensuring robust corporate governance demonstrates its commitment to long-term growth and regulatory compliance. Shareholders will have the opportunity to vote on these key decisions at the upcoming AGM, marking a new chapter in the company's corporate journey.