Laffans petrochemicals Limited has formally responded to the Bombay Stock Exchange (BSE) regarding an inquiry into significant movement in its equity share price. The response, dated March 05, 2026, addresses BSE's clarification request sent on February 19, 2026.

Company's Response to BSE Inquiry

The company confirmed its adherence to disclosure obligations under SEBI regulations, stating that all disclosures have been made in a timely and accurate manner. Management emphasized compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Disclosure Compliance Statement

Laffans Petrochemicals confirmed that it has not withheld any material information or events that could potentially impact the price or volume behavior of its shares. The company reiterated its commitment to making necessary disclosures to stock exchanges whenever events requiring disclosure under SEBI regulations arise.

Key aspects of the company's response include:

• Confirmation of timely disclosures in conformity with SEBI principles
• All required information available in public domain
• No material information withheld from investors
• Commitment to continue regulatory compliance

Market-Driven Price Movement

The company attributed the recent significant share price movement to market-driven factors beyond its control. Management stated that the price volatility appears to be purely market-driven rather than resulting from any undisclosed company-specific developments.

The response was signed by Managing Director Sandeep Seth (DIN: 00316075), who digitally authenticated the document on March 05, 2026. The company maintains its registered office at Gujral House, Santacruz (East), Mumbai, and continues to operate under TUV SUD ISO 9001 certification standards.

Laffans petrochemicals Limited has announced the appointment of a new Secretarial Auditor following a Board meeting held on March 05, 2026. The appointment addresses a casual vacancy in this critical compliance role and ensures continuity in the company's regulatory obligations.

Board Approval and Appointment Details

The Board of Directors approved the appointment of Mr. Vivek Kumar as Secretarial Auditor with effect from March 05, 2026. The decision was made based on recommendations from the Audit Committee and follows regulatory requirements under SEBI (LODR) Regulations, 2015.

Background of the Appointment

The appointment fills a casual vacancy created by the resignation of Ms. Zankhana Bhansali, proprietor of M/s Zankhana Bhansali & Associates, Practicing Company Secretaries. Ms. Bhansali held Membership No. 9261, COP No. 10513, and Peer Review No. 1625/2021.

Profile of New Secretarial Auditor

CS Vivek Kumar is a Fellow Member of the Institute of Company Secretaries of India (ICSI) and serves as the Founder of M/s. V Kumar & Associates, Company Secretaries, based in New Delhi. His professional background includes:

• Extensive experience in handling compliances under various Corporate Laws
• Strong expertise in Company Law matters
• Specialized knowledge in Listing Compliances with SEBI
• Proven track record in regulatory compliance management

Regulatory Compliance

The appointment has been made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed information as required under Schedule III of the Listing Regulations and relevant SEBI circulars dated July 13, 2023, and October 18, 2019.

The notification has been uploaded on the company's investor website at laffanspetrochemical.com/investor/ to ensure transparency and compliance with disclosure requirements. This appointment ensures the company maintains its commitment to regulatory compliance and corporate governance standards.