India Pesticides Limited has announced significant board changes through a circular resolution passed on January 12, 2026, including the appointment of a new independent director and the initiation of a postal ballot process for shareholder approval.

Board Appointments and Resolutions

The company's Board of Directors approved several key resolutions through circulation on January 12, 2026. The primary decision involved appointing Mr. Arun Kumar Jain (DIN: 07563704) as an Additional Director in the capacity of Non-Executive Independent Director. The board also approved the reconstitution of committees, draft postal ballot notice for the appointment, and appointed NSDL as the service provider for e-voting facilities along with a scrutinizer for the postal ballot process.

Postal Ballot Timeline and Process

The company has established a comprehensive timeline for the postal ballot process to seek shareholder approval for the director appointment. The remote e-voting will commence on February 5, 2026, and conclude on March 6, 2026, providing shareholders with a month-long window to cast their votes.

National Securities Depositories Limited (NSDL) will provide the e-voting facility services, while Mr. Saket Sharma, a Practicing Company Secretary and Partner at M/s. GSK & Associates, has been appointed as Scrutinizer to conduct the postal ballot through remote e-voting process in a fair and transparent manner.

Profile of New Director

Mr. Arun Kumar Jain brings substantial experience from his distinguished career in public service and corporate governance. He is a former Indian Revenue Service officer from the 1978 batch who retired as Chairman of Central Board of Direct Taxes (CBDT) on January 31, 2016. His educational qualifications include an M.Sc. (Mathematics) with first rank from Lucknow University and an LL.B. degree from Pune University.

During his career, Mr. Jain served in several senior positions including Director General (Investigation) in Ahmedabad, and Chief Commissioner of Income Tax at Vadodara and Ahmedabad. In 2013, he joined the CBDT as Member (Personnel & Vigilance) before being elevated to Chairman. His expertise spans accounting and financial analysis, investigation, interpretation and implementation of tax laws, and public administration.

Corporate Governance and Compliance

The appointment follows proper corporate governance protocols, with the company confirming that Mr. Jain is not related to any existing Directors, Key Managerial Personnel, Promoters, or Promoter group members. The company has also verified that he is not debarred from holding the office of Director by SEBI or any other regulatory authority.

Currently, Mr. Jain serves as an Independent Director in his second term with GHCL Limited, a listed public company with an annual turnover of approximately ₹3,200.00 crore, known for high ethical standards and strong regulatory compliance. His appointment term with India Pesticides Limited will be for five years from the date of appointment, subject to shareholder approval through the upcoming postal ballot.

The detailed postal ballot notice will be circulated to shareholders in due course and filed with the stock exchanges as per regulatory requirements.

India Pesticides Limited announced a significant regulatory milestone with the approval of its fungicide formulation in Australia on December 26, 2025. This development marks an important step in the company's international expansion strategy and is expected to contribute positively to its export revenue streams.

Regulatory Approval Details

The company has successfully obtained registration for one of its fungicide formulations in the Australian market. The following table summarizes the key details of this product registration:

Strategic Significance

This regulatory approval represents a significant milestone for India Pesticides Limited in strengthening its international presence. The company emphasized that this development is expected to contribute to enhanced export revenues, demonstrating the strategic importance of international market expansion for the organization.

The successful registration in Australia showcases the company's ability to meet stringent international regulatory standards, which could potentially facilitate future approvals in other international markets. This achievement aligns with the company's efforts to diversify its revenue streams through geographic expansion.

Compliance and Disclosure

India Pesticides Limited has fulfilled its regulatory obligations by informing both the BSE Limited and National Stock Exchange of India Limited about this development under Regulation 30. The company has also made this information available on its official website at www.indiapesticideslimited.com , ensuring transparency and compliance with applicable provisions.

The formal communication was addressed to the listing departments of both stock exchanges, with the company providing comprehensive details as required under SEBI circular guidelines. This demonstrates the company's commitment to maintaining proper corporate governance and regulatory compliance standards.