Coromandel International Limited has issued a clarification to BSE Limited regarding the recent increase in trading volume of its equity shares, responding to an exchange inquiry dated December 31, 2025.

Company's Response to Volume Movement Inquiry

The fertilizer company addressed BSE's concerns about heightened trading activity through an official communication bearing reference number 2025-26/088. The exchange had sought clarification regarding the observed increase in trading volume through its surveillance department.

Regulatory Compliance and Disclosure Status

Coromandel International emphasized its adherence to regulatory requirements, stating that the company has been consistently making all necessary disclosures under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The management confirmed that no material information or announcements are pending that could potentially influence the company's share price or trading volume.

The company's response highlighted several key points:

• Regular compliance with SEBI LODR Regulations maintained
• No pending material information requiring disclosure
• No specific events or developments identified as volume drivers
• Commitment to prompt disclosure of future material events

Market Conditions Attribution

The company attributed the increased trading volume to prevailing market conditions rather than any company-specific factors. Management stated they are not aware of any particular information, event, or development that could have resulted in the observed volume increase.

Ongoing Compliance Commitment

Coromandel International reaffirmed its commitment to maintaining transparency and regulatory compliance. The company assured that it will continue to fulfill all applicable disclosure requirements and will promptly inform the exchanges of any material events or information as required under regulations.

The clarification was signed by B. Shanmugasundaram, Company Secretary & Compliance Officer, and submitted digitally to BSE Limited on December 31, 2025.

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.