India Gelatine & Chemicals Limited has informed BSE about the resignation of its Chief Financial Officer, Ms. Vishakha Hasmukh Purohit, effective from the close of business hours on January 31, 2026. The company made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Ms. Vishakha Hasmukh Purohit, who served as Chief Financial Officer and Key Managerial Personnel, submitted her resignation letter on January 23, 2026. The resignation has been attributed to personal reasons, with the departing CFO confirming that there are no other material reasons for her decision to step down.

Board Response

The Board of Directors of India Gelatine & Chemicals Limited has formally accepted Ms. Purohit's resignation and taken it on record. In their official communication, the Board expressed appreciation for the valuable services rendered by Ms. Vishakha Hasmukh Purohit during her tenure as Chief Financial Officer.

Regulatory Compliance

The company has fulfilled its disclosure obligations by providing comprehensive information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in accordance with SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring full regulatory compliance.

Documentation

As part of the formal resignation process, Ms. Purohit confirmed in her resignation letter that she does not possess any company property, related documents, or devices, and committed to maintaining confidentiality obligations. The resignation letter has been included as part of the regulatory filing to BSE.

The announcement was signed by Sejal Shah, Company Secretary & Compliance Officer (Membership No: A55588), on January 24, 2026, ensuring proper corporate governance procedures were followed throughout the transition process.

India Gelatine & Chemicals Limited has successfully completed its postal ballot process, with shareholders approving the appointment of Mr. P. Velmurugan as Executive Director through an overwhelming majority vote on January 13, 2026.

Postal Ballot Results and Voting Outcome

The special resolution for appointing Mr. P. Velmurugan (DIN: 10163584) as Whole Time Director designated as Executive Director received strong shareholder support. The voting results demonstrate clear approval across different shareholder categories:

The total votes polled represented 61.36% of the company's outstanding shares, with the resolution passing as a special resolution requiring a 75% majority.

E-Voting Process and Timeline

The company conducted the postal ballot exclusively through remote e-voting, following MCA circulars and regulatory guidelines. Key process details include:

The postal ballot notice was dispatched electronically on December 11, 2025, to shareholders whose email addresses were registered with depositories. The company also published newspaper advertisements in Financial Express (English and Gujarati) on December 12, 2025.

Executive Director Appointment Details

Mr. P. Velmurugan's appointment as Executive Director carries significant terms and tenure specifications. The resolution approved his appointment for a five-year period from December 1, 2025, to November 30, 2030, with the position not liable to retire by rotation.

The appointment follows proper corporate governance procedures, including recommendations from the Nomination and Remuneration Committee and Board of Directors' approval. The resolution also provides for minimum remuneration entitlements in accordance with Schedule V of the Companies Act, 2013, even during periods of inadequate profits.

Regulatory Compliance and Documentation

The company has fulfilled all regulatory requirements under SEBI (LODR) Regulations, 2015, particularly Regulation 30 and Regulation 44. The scrutinizer's report dated January 13, 2026, confirms the proper conduct of the e-voting process and validation of results.

Company Secretary Sejal Shah submitted the voting results, scrutinizer's report, and minutes of proceedings to BSE Limited, ensuring complete regulatory compliance. The results and related documents are also available on the company's website at www.indiagelatine.com and the e-voting platform.

Corporate Governance Framework

The successful completion of this postal ballot demonstrates the company's commitment to transparent corporate governance practices. The appointment process involved proper board resolutions, shareholder notifications under Section 160 of the Companies Act, 2013, and comprehensive disclosure of terms and conditions in the explanatory statement.

The overwhelming shareholder approval, particularly the unanimous support from the promoter group, indicates confidence in the new executive leadership appointment and the company's strategic direction under enhanced management structure.