Ishan dyes & chemicals Limited has announced significant leadership changes following its Board Meeting held on February 3, 2026. The company has appointed Ms. Vidushi Jain as the new Whole-Time Company Secretary and Compliance Officer, while also re-appointing Mr. Shrinal P Patel as Whole-Time Director for another five-year term.

New Company Secretary Appointment

Ms. Vidushi Jain has been appointed as Whole-Time Company Secretary and Compliance Officer with effect from February 3, 2026. The appointment was made based on the recommendation of the Nomination and Remuneration Committee. Ms. Jain is a qualified Company Secretary and member of the Institute of Company Secretaries of India with Associate Membership number ACS-79073.

Ms. Jain will serve as Key Managerial Personnel under the Companies Act 2013 and SEBI LODR Regulations, 2015. The company has confirmed that she is not disqualified from holding the position and has provided her consent to act as Company Secretary.

Whole-Time Director Re-appointment

The Board has approved the re-appointment of Mr. Shrinal P Patel (DIN: 02992519) as Whole-Time Director for a term of five consecutive years, effective from February 1, 2026, to January 31, 2031. This re-appointment is subject to shareholder approval through an Extraordinary General Meeting or Postal Ballot.

Mr. Patel, who has been on the company's Board since 2010, currently heads marketing, finance, administration, and business operations. He is the son of Mr. Piyushbhai Natvarlal Patel, Managing Director, and husband of Mrs. Mirali Hemantbhai Patel, Executive Director.

Key Managerial Personnel Authorization

Following the recent changes, the company has updated its list of Key Managerial Personnel authorized to determine materiality of events and make regulatory disclosures:

Previous Leadership Change

These appointments follow the recent resignation of Ms. Anisha Jain, who served as Company Secretary and Compliance Officer from January 2, 2023, to January 27, 2026. Ms. Anisha Jain had resigned to pursue alternate career opportunities, creating the vacancy that Ms. Vidushi Jain now fills.

The Board Meeting was conducted on February 3, 2026, commencing at 1:30 PM IST and concluding at 2:00 PM IST. All decisions were made in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Ishan Dyes & Chemicals Limited has achieved a significant operational milestone with the commencement of continuous sulphuric acid consumption from its new Plant Unit 2 on January 23, 2026. The company informed stock exchanges about this development under Regulation 30 of SEBI LODR Regulations 2015, marking a key step in its expansion strategy.

Plant Operations and Timeline

The new Plant Unit 2 has begun supplying sulphuric acid to the company's existing Phthalocyanine Pigments Plant (Unit 1), creating an integrated production system. This development represents the culmination of a project that the company has been updating stakeholders about through previous communications.

Business Integration and Growth Strategy

The company expects this new project to synergize with its present business operations, providing a new growth trajectory in terms of revenues and profitability. The integration of sulphuric acid production with the existing Phthalocyanine Pigments Plant creates operational efficiencies and strengthens the company's manufacturing capabilities.

Commercial Operations

While the plant has commenced internal consumption of sulphuric acid for the company's pigments production, commercial sales to external customers are scheduled to begin on January 31, 2026. This phased approach allows the company to ensure smooth operations before expanding to external market supply.

Management Outlook

The management emphasized its commitment to continuous growth and enhancing stakeholder value. This project represents part of the company's broader strategy to achieve new heights and expand its operational capabilities in the chemicals sector.

Regulatory Compliance

The announcement was made in continuation of the company's earlier letters dated June 16, 2025, and October 7, 2025, maintaining transparency with stakeholders throughout the project development phase. The disclosure was made pursuant to Regulation 30 of SEBI LODR Regulations 2015, ensuring compliance with regulatory requirements for material developments.