Elegant Floriculture & Agrotech (India) Limited has announced significant changes in its board composition with the resignation of two directors effective January 24, 2026. The company has informed the Bombay Stock Exchange about these developments in compliance with regulatory requirements under SEBI (LODR) Regulations, 2015.

Director Resignations

The company has witnessed the departure of two key board members on the same date. Both resignations have been attributed to other professional commitments, with the directors expressing appreciation for their tenure with the company.

Regulatory Compliance

The company has fulfilled its disclosure obligations by submitting detailed information to the stock exchange pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification includes comprehensive annexures providing director-specific details as required under SEBI Master Circular dated November 11, 2024.

Resignation Letters

Both directors submitted formal resignation letters to the Board of Directors, requesting acceptance of their resignations and necessary statutory compliance including filing requisite forms with the Registrar of Companies under the Companies Act, 2013. The directors confirmed that there are no material reasons for their resignations beyond the stated professional commitments.

Company Acknowledgment

Elegant Floriculture & Agrotech (India) Limited has thanked both departing directors for their valuable contributions during their respective tenures. The company wishes them success in their future endeavors while ensuring continuity in its operations and governance structure.

The notification was signed by Mangesh Parashram Gadakh, Whole-Time Director (DIN: 09736469), on behalf of the company and has been digitally authenticated for regulatory compliance.

Elegant Floriculture & Agrotech (India) Limited has strengthened its board governance by appointing two new Non-Executive Independent Directors during a board meeting held on January 08, 2026. The appointments were made following recommendations from the company's Nomination and Remuneration Committee and comply with SEBI listing regulations.

Board Appointments Details

The company appointed two new independent directors to enhance its corporate governance structure:

Regulatory Compliance

The appointments were made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both directors have provided affirmations confirming they are not debarred from holding directorship positions by SEBI or any other regulatory authority.

Key compliance aspects include:

• Recommendation by Nomination and Remuneration Committee
• Board approval obtained during the January 08, 2026 meeting
• Compliance with SEBI listing regulations
• No regulatory debarment for either appointee

Meeting Proceedings

The board meeting was conducted at the company's registered office located at Gut No. 358, Village: Mouje Kashal, Taluka: Maval, Vadgaon, Dist.: Pune - 412106. The meeting commenced at 12:00 PM and concluded at 12:15 PM, demonstrating efficient decision-making processes.

The outcome was communicated to the Bombay Stock Exchange Limited (Scrip Code: 526473) as required under regulatory disclosure norms. Mangesh Parashram Gadakh, Whole-time Director (DIN: 09736469), signed the disclosure document on behalf of the company.

Corporate Governance Enhancement

These appointments reflect the company's commitment to strengthening its board composition with independent oversight. Both new directors bring commerce expertise from their educational backgrounds at Gujarat University, which aligns with the company's business requirements in the floriculture and agrotech sectors.

The addition of independent directors enhances the board's ability to provide objective oversight and strategic guidance, supporting the company's governance framework and stakeholder interests.