Indo Count Industries Limited has announced a key senior management appointment, strengthening its information technology leadership team. The textile company disclosed the appointment under regulatory compliance requirements to stock exchanges on December 15, 2025.

Senior Management Appointment

The company has appointed Mr. Arul Sakthivel as Vice President-Information Technology, effective December 15, 2025. This position is categorized as Senior Management Personnel under the company's organizational structure.

Professional Background and Qualifications

Mr. Sakthivel brings extensive experience to his new role, with over 30 years of expertise in managing IT projects and initiatives across diverse industries and domains. His educational qualifications include:

• Bachelor's degree in Science
• Master's degree in Computer Applications
• PGDM in Computer Applications Financial Management

Industry Experience and Expertise

The newly appointed Vice President has worked with several textile and automotive technology companies throughout his career. His professional expertise encompasses multiple critical areas of information technology management, including:

• Project finalization and management
• Solution deployment across various platforms
• Infrastructure management and optimization
• Cybersecurity protocols and implementation
• Data center operations and maintenance
• Business continuity planning and execution

Regulatory Compliance

The appointment was announced in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, ensuring transparency in senior management changes.

The company confirmed that the disclosure of relationships between directors is not applicable for this appointment, as the position pertains to senior management personnel rather than board-level appointments.

Indo Count Industries Limited has announced a senior management change with the resignation of Mr. Abhay Karhade, Vice President-Information Technology, effective December 12, 2025. The textile company informed stock exchanges about this development under Regulation 30 of SEBI LODR Regulations.

Resignation Details

The company disclosed the following information regarding Mr. Karhade's departure:

Regulatory Compliance

IndoCount Industries filed the resignation notice with both National Stock Exchange of India Limited and BSE Limited on December 12, 2025. The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company provided comprehensive details as required under Regulation 30 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. All necessary annexures and documentation were submitted to the exchanges for record.

Transition Arrangements

In his resignation communication, Mr. Karhade expressed appreciation for discussions with the management regarding his departure. He indicated his willingness to remain available for assistance and wished the organization success, particularly mentioning the team's efforts toward Unnati initiatives.

The resignation letter was addressed to senior management and confirmed his request for settlement of dues at the earliest. Mr. Karhade, who served as Head IT, provided his contact details for any future assistance required by the company.

Company Information

IndoCount Industries Limited operates in the textile sector with its corporate office located in Mumbai and registered office in Kolhapur, Maharashtra. The company maintains listings on both NSE (symbol: ICIL) and BSE (scrip code: 521016) and continues its business operations following this management change.