Kabra Extrusiontechnik Limited , a leading player in the plastics extrusion industry, has announced significant changes to its leadership structure following a postal ballot vote by shareholders on September 11, 2025. The company, known for its innovative solutions in plastic processing, has made key appointments and introduced a new position of Chairman Emeritus.

New Board Appointments

Shareholders have approved the appointment of Mr. Bajrang Lal Bagra as a Non-Executive Non-Independent Director for a five-year term, effective August 7, 2025. Mr. Bagra brings over three decades of experience in finance and strategic management across diverse industries. He holds a Master's degree in Commerce and is a fellow member of the Institute of Chartered Accountants of India (ICAI).

Additionally, Mr. Munjal Kapadia has been appointed as a Non-Executive Independent Director, effective September 15, 2025. At 47 years old, Mr. Kapadia is a seasoned entrepreneur with nearly 30 years of experience in the plastic processing and rigid polymer packaging industry. He currently serves as the Managing Director of Manika Plastech Limited.

Chairman Emeritus Position

In a move to honor its founder, the company has created the position of Chairman Emeritus for Mr. Shreevallabh Kabra. Mr. Kabra, who has been the driving force behind the Kolsite Group of Companies for over five decades, will now serve in this advisory role. The shareholders approved an amendment to the company's Articles of Association to include provisions for this new position.

As Chairman Emeritus, Mr. Kabra will be able to attend board meetings as an invitee, providing guidance and mentorship to the company. However, he will not have voting rights or be considered a director for statutory purposes.

Voting Results

The postal ballot, conducted through remote e-voting, saw strong shareholder participation. The results showed overwhelming support for all resolutions:

These changes mark a significant step in Kabra Extrusiontechnik's corporate governance structure, blending experienced leadership with fresh perspectives. The creation of the Chairman Emeritus position allows the company to retain the valuable insights of its founder while paving the way for new leadership to guide the company's future growth and innovation in the plastics extrusion industry.

Kabra Extrusiontechnik Ltd, a leading player in the extrusion technology sector, has announced significant corporate governance changes through a postal ballot notice. The company is seeking shareholder approval for four key resolutions that will reshape its board structure and create a new advisory role.

Board Appointments

The company proposes to appoint Mr. Bajrang Lal Bagra as a Non-Executive Non-Independent Director. Mr. Bagra, who has previously served two consecutive terms as an Independent Director, brings over 30 years of experience in finance and strategic management across diverse industries.

Additionally, Kabra Extrusiontechnik aims to bring Mr. Munjal Nikunj Kapadia on board as a Non-Executive Independent Director for a five-year term from August 2025 to August 2030. Mr. Kapadia, a seasoned entrepreneur with nearly three decades of experience in the plastic processing and rigid polymer packaging industry, is expected to contribute significantly to the company's strategic direction.

Creation of Chairman Emeritus Position

The company is seeking to amend its Articles of Association to include provisions for appointing a Chairman Emeritus. This new advisory role is designed to benefit from the experience and insights of long-serving leaders.

Appointment of Founder as Chairman Emeritus

Kabra Extrusiontechnik proposes to appoint its founder, Mr. Shreevallabh Kabra, as the Chairman Emeritus for a five-year term starting September 2025. Mr. Kabra, who has been instrumental in the company's growth and development, will step down from his positions as Executive Director and Chairperson on September 15, 2025, as part of the succession plan.

In his new role, Mr. Kabra will:

• Provide strategic guidance and mentorship to the Board and senior management
• Advise on corporate planning and business growth initiatives
• Support the evaluation of emerging opportunities
• Strengthen engagement with industry associations, regulatory bodies, and policy-making forums

Remuneration and Terms

The proposed remuneration for the Chairman Emeritus position is Rs. 1.00 crore per annum, exclusive of reimbursements and certain perquisites such as:

• Club memberships
• Car service
• Medical insurance

Voting Process

The e-voting period for these resolutions runs from August 13 to September 11, 2025. Shareholders are encouraged to participate in this important decision-making process that will shape the future leadership and advisory structure of Kabra Extrusiontechnik.

These proposed changes reflect Kabra Extrusiontechnik's commitment to strong corporate governance and strategic leadership as it continues to navigate the dynamic extrusion technology market.