Krypton Industries Limited has announced the appointment of a new independent director to strengthen its board composition. The company's board of directors approved this key appointment during their meeting held on December 31, 2025, in compliance with regulatory requirements under SEBI LODR Regulations.

Board Meeting Outcome

The board meeting, conducted at the company's registered office, commenced at 1:30 PM and concluded at 3:00 PM on December 31, 2025. The meeting was held pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Section 173 of the Companies Act, 2013.

Director Appointment Details

The board approved the appointment of Mr. Mukul Banerjee (DIN: 07527632) as an Additional Director in the Non-Executive Independent category. This appointment is subject to approval from shareholders at the company's upcoming General Meeting, in compliance with Section 149, 152, and other applicable provisions of the Companies Act, 2013 and SEBI LODR Regulations.

Director Profile and Qualifications

Mr. Mukul Banerjee brings valuable expertise to the board with his educational background and professional experience. He is a B.Com graduate with specialization in Accountancy, which positions him well to contribute knowledge in finance and accounting to the board's decision-making processes.

Regulatory Compliance and Disclosures

The appointment has been made in accordance with regulatory requirements and best practices in corporate governance. The company has confirmed that Mr. Mukul Banerjee is not debarred from holding the office of a director by virtue of any SEBI Order or any other such authority. Additionally, there are no relationships disclosed between the new director and existing board members.

The appointment reflects the company's commitment to maintaining strong corporate governance standards and bringing experienced professionals to guide its strategic direction. The addition of Mr. Banerjee's financial and accounting expertise is expected to enhance the board's overall capabilities in overseeing the company's operations and growth initiatives.

Krypton Industries Limited has successfully completed the dispatch of its postal ballot notice seeking shareholder approval for the re-appointment of Mr. Jay Singh Bardia as Managing Director for five years. The company published newspaper advertisements on December 30, 2025, confirming the completion of notice dispatch in compliance with regulatory requirements.

Regulatory Compliance Confirmation

The company submitted newspaper advertisement copies to BSE Limited and Calcutta Stock Exchange Limited on December 30, 2025, confirming the successful dispatch of postal ballot notices. The advertisements were published in Business Standard (English) and Duranta Barta (Bengali) editions, both having electronic versions, as required under MCA and SEBI circulars.

E-voting Schedule and Process

The company has engaged Central Depository Services Limited (CDSL) to facilitate remote e-voting for all members. The postal ballot notice outlines the complete voting process and timeline for shareholder participation in the Managing Director re-appointment.

Re-appointment and Remuneration Details

The board approved Mr. Bardia's re-appointment for a five-year term effective from January 1, 2026, to December 31, 2030. The proposal includes a revised remuneration package increasing from ₹42.00 lakh to ₹60.00 lakh per annum.

Document Submission and Compliance

Pursuant to Regulation 30 and other applicable provisions of the SEBI LODR, the company attached copies of newspaper advertisements published on December 30, 2025. The postal ballot process follows Section 110 of the Companies Act, 2013, and various MCA circulars, ensuring all regulatory requirements under SEBI Listing Regulations have been fulfilled. The results will be communicated to stock exchanges upon conclusion of the voting period.