Khaitan chemicals & fertilizers Limited has successfully appointed Mr. Suman Jyoti Khaitan as an Independent Director following member approval during a meeting held on January 12, 2026. The meeting commenced at 11:30 AM and concluded at 11:48 AM, with shareholders approving the appointment through a special resolution.

Board Recommendation and Approval Process

The appointment was made based on recommendations from the company's Board of Directors and Nomination and Remuneration Committee. Members approved the resolution to appoint Mr. Suman Jyoti Khaitan (DIN: 00023370) as an Independent Director during the formal meeting process.

The company has confirmed compliance with regulatory requirements, stating that Mr. Khaitan is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India (SEBI) or any other regulatory authority, in accordance with the circular dated June 20, 2018, issued by the Stock Exchanges.

Appointment Details and Terms

The appointment represents a change in designation from Additional Independent Director to Independent Director, effectively regularizing his position on the board.

Professional Background

Mr. Suman Jyoti Khaitan brings extensive experience across diverse fields of practice to the board. His expertise spans multiple areas including:

• Arbitration and litigation
• Banking, finance, and insurance
• Corporate law and governance
• Bankruptcy and insolvency matters
• Infrastructure and real estate
• Taxation and regulatory compliance

He regularly provides advisory services on business restructuring, schemes of amalgamations, demergers and takeovers, overseas acquisitions, raising finance, tax planning, family settlements and trusts.

Updated Board Composition

Following the appointment, the company's board now comprises seven directors:

The appointment strengthens the company's independent director representation and brings additional expertise in legal and corporate advisory services to support the company's strategic initiatives and governance framework.

Khaitan Chemicals & Fertilizers , a key player in the chemicals and fertilizers sector, has taken a significant step to enhance its corporate governance structure. The company's Board of Directors has approved the reconstitution of its Stakeholders Relationship Committee, effective November 20, 2025.

Committee Restructuring

The reconstitution of the Stakeholders Relationship Committee aims to strengthen oversight, improve governance, and ensure enhanced compliance standards. A notable change in the committee's composition is the inclusion of an Executive Director, which is expected to bring a more hands-on approach to the committee's functions.

The newly reconstituted committee comprises:

Regulatory Compliance

This restructuring aligns with the compliance requirements set forth by the Securities and Exchange Board of India (SEBI) under the Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The company's move demonstrates its commitment to maintaining high standards of corporate governance and transparency.

Implications for Stakeholders

The inclusion of Mr. Praveen Uniyal, a Whole Time Director, in the committee is particularly noteworthy. This addition brings an executive perspective to the committee, potentially facilitating more efficient communication between the board and the company's operational management.

The reconstitution of this critical committee underscores Khaitan Chemicals & Fertilizers' dedication to protecting and enhancing stakeholder interests. It reflects the company's proactive approach to corporate governance, which could positively impact investor confidence and stakeholder relations.

As the chemical and fertilizer industry faces evolving regulatory landscapes and market dynamics, such governance enhancements may prove crucial in navigating challenges and capitalizing on opportunities in the sector.

Khaitan Chemicals & Fertilizers has officially notified the stock exchanges of this development, in line with regulatory requirements. The company's proactive disclosure further reinforces its commitment to transparency in corporate affairs.