Borosil Limited has announced the appointment of Mr. Bhaunik Shah as Interim Company Secretary and Compliance Officer, effective December 24, 2025. The Board of Directors approved this appointment during their meeting held on December 24, 2025, following recommendations from the Nomination and Remuneration Committee.

Appointment Details

The appointment encompasses multiple responsibilities within the organization's leadership structure:

Professional Background

Mr. Bhaunik Shah brings substantial expertise to his new role. He is an Associate Member of the Institute of Company Secretaries of India (ICSI) and holds a commerce degree along with a law degree from Mumbai University. Shah possesses approximately 16 years of experience in managing company secretarial functions, regulatory compliances, and corporate governance matters. He has been associated with Borosil Limited since April 2024.

Regulatory Compliance and Authorization

As part of the appointment, Shah has been authorized as one of the Key Managerial Personnel for making disclosures of material events or information to Stock Exchanges under Regulation 30 of the Listing Regulations. The company has updated its list of authorized personnel for material event determination and disclosure purposes.

The current authorized personnel include:

• Material Event Determination: Mr. Shreevar Kheruka (Managing Director & CEO) and Mr. Rajesh Kumar Chaudhary (Whole-time Director)
• Stock Exchange Disclosures: Mr. Shreevar Kheruka, Mr. Rajesh Kumar Chaudhary, Mr. Anand Sultania (Chief Financial Officer), and Mr. Bhaunik Shah (Company Secretary and Compliance Officer)

Board Meeting Details

The Board of Directors' meeting that approved this appointment was conducted on December 24, 2025, commencing at 01:45 p.m. and concluding at 01:55 p.m. The appointment was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This appointment strengthens Borosil Limited's corporate governance framework and ensures continued compliance with regulatory obligations.

Borosil Limited has announced the allotment of 1,530 equity shares under its Employee Stock Option Scheme on December 16, 2025. The allotment was approved by the company's ESOP Share Allotment Committee through a circular resolution passed at approximately 04:32 p.m. on the same day.

ESOP Share Allotment Details

The allotted shares arise from the exercise of vested options under the Borosil Limited - Employee Stock Option Scheme 2020 (NEW ESOS 2020). The key details of the allotment are presented below:

Impact on Share Capital

Following this allotment, the company's capital structure has been updated:

Regulatory Approvals

The company had previously secured necessary regulatory approvals for the ESOP scheme:

• National Stock Exchange of India Limited: In-principle approval received via letter no. NSE/LIST/27500 dated July 08, 2021
• BSE Limited: In-principle approval received via letter no. DCS/FL/MJ/ESOP-IP/1353/2021-22 dated July 19, 2021

Both approvals specifically cover shares allotted against stock options under NEW ESOS 2020.

Share Characteristics

The newly allotted equity shares carry identical rights and privileges as existing shares. They rank pari-passu with the existing equity shares in all respects, including dividend payments and other shareholder rights. The shares are listed on both BSE (scrip code: 543212) and NSE (symbol: BOROLTD).

The company has fulfilled all disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Complete information regarding this allotment is available on the company's website at www.borosil.com .