Coromandel International has announced a significant leadership change with the cessation of Mr. Natarajan Srinivasan from his executive position. The company informed stock exchanges about this development through a regulatory filing under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Cessation Details

The key details of the leadership change are outlined below:

Mutual Consent Agreement

According to the company's disclosure, Mr. Srinivasan communicated his cessation through a letter dated December 20, 2025. The departure stems from the discontinuation of his employment contract, which was originally dated April 30, 2025, by mutual consent between him and the company. The Board of Directors has considered and approved this arrangement.

In his resignation letter, Mr. Srinivasan stated that his employment contract "stands discontinued by mutual consent and has come to an end effective 20-12-2025 pursuant to the approval of the Board of the Company on 20-12-2025." He also confirmed that he ceases to hold any office in Coromandel International, including his position on the Board.

Regulatory Compliance

Coromandel International has fulfilled its regulatory obligations by filing the necessary intimations with stock exchanges. The company's disclosure includes:

• Formal notification to National Stock Exchange of India Limited and BSE Limited
• Complete details as required under Regulation 30 of SEBI Listing Regulations
• Copy of the director's resignation letter as supporting documentation

The company has requested the stock exchanges to take the submission on record and will be filing necessary returns with the Registrar of Companies as part of the standard compliance process.

Corporate Governance Impact

This leadership transition represents a change in Coromandel International's executive structure. The mutual consent nature of the departure indicates an amicable separation, with both parties agreeing to the terms of cessation. The company has ensured transparency by providing comprehensive details to shareholders and regulatory authorities through proper disclosure channels.

Coromandel International Limited , a leading agri-solutions provider, has announced that its shareholders have approved two significant corporate actions through a postal ballot. The company has received approval for the re-appointment of Mr. Arun Alagappan as Whole-time Director and Executive Chairman, as well as for providing a substantial loan to NACL Industries Limited.

Executive Chairman Re-appointment

Shareholders have approved the re-appointment of Mr. Arun Alagappan as Whole-time Director, designated as Executive Chairman, for a five-year term from February 15, 2026, to February 14, 2031.

Mr. Alagappan's approved remuneration package includes:

Loan to NACL Industries Limited

Shareholders have also approved providing a loan of up to Rs. 160.00 crores to NACL Industries Limited under Section 185 of the Companies Act, 2013. This financial support aims to strengthen NACL's financial position and meet its operational needs.

These approved corporate actions reflect Coromandel International's commitment to strengthening its leadership and supporting its subsidiary's growth. The shareholder approval demonstrates confidence in the company's strategic decisions and future direction.