Krypton Industries Limited announced significant board changes following a meeting held on February 18, 2026, at the company's head office. The board addressed key appointments and resignations in compliance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Director Appointment

The board approved the appointment of Ms. Vaishnavi Gupta as Additional Director in the Non-Executive Independent category. Her appointment is subject to shareholder approval and complies with Sections 149, 152, and other applicable provisions of the Companies Act, 2013.

Ms. Gupta brings expertise in finance and accounting to the board and is not debarred from holding directorship by any regulatory authority. The company confirmed she has no relationships with existing directors as defined under Section 2(77) of the Companies Act, 2013.

Director Resignation

The board accepted the resignation of Mr. Satadal Chattopadhyay from his position as Non-Executive Independent Director. His resignation became effective at the close of business hours on February 18, 2026.

Mr. Chattopadhyay confirmed in his resignation letter that there are no material reasons for his departure beyond those stated. The board placed on record its appreciation for his valuable contributions to the company during his tenure.

Meeting Details and Compliance

The board meeting commenced at 4:00 PM and concluded at 5:00 PM on February 18, 2026. The company has notified the Bombay Stock Exchange Limited and Calcutta Stock Exchange Limited of these changes as required under regulatory frameworks.

All necessary disclosures have been made in accordance with SEBI circular requirements, with detailed annexures provided for both the appointment and resignation. The company will file the required forms with the Registrar of Companies and other regulatory authorities as mandated by law.

Krypton Industries Limited has clarified to the Bombay Stock Exchange (BSE) that the Escrow Payment Mechanism requirements under SEBI regulations are not applicable to the company. The clarification was submitted on February 12, 2026, in response to BSE's inquiry regarding escrow payment mechanism details.

Company's Position on Escrow Requirements

The company explicitly stated that the requirement for submission of Escrow Payment Mechanism details does not apply to Krypton Industries Limited. The key details of the clarification include:

Rationale for Non-Applicability

Krypton Industries Limited provided a clear rationale for the non-applicability of escrow payment mechanism requirements. The company confirmed that it has not issued any instruments or arrangements that would necessitate compliance with the escrow payment mechanism provisions under relevant SEBI regulations.

Regulatory Compliance Status

The company emphasized that no disclosure or submission is required regarding the Escrow Payment Mechanism. This clarification ensures transparency with the stock exchange and confirms the company's compliance status with respect to SEBI's escrow payment requirements.

Official Communication Details

The clarification was digitally signed by Priya Agarwal, Company Secretary and Compliance Officer, on February 12, 2026, at 12:09:49 +05'30'. The communication was addressed to BSE's Phiroze Jeejeebhoy Towers office in Mumbai and serves as an official record of the company's position on escrow payment mechanism applicability.