Mayur Uniquoters Limited has announced a key leadership appointment, naming Mrs. Puja Poddar as President-HR and Administration and Senior Management Personnel with effect from March 02, 2026. The appointment was formally approved by the company's Board of Directors during their meeting held on March 02, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Board Meeting Details

The company has fulfilled its regulatory disclosure obligations by informing BSE Limited and National Stock Exchange of India Limited about the appointment through reference MUL/SEC/2025-26/89 dated March 02, 2026. The Board of Directors convened through Video Conferencing and Other Audio Visual Means to deliberate on the appointment.

Professional Background and Expertise

Mrs. Puja Poddar brings substantial experience to her new role, having previously worked with Mayur Uniquoters Limited for approximately five years. Her expertise spans multiple critical areas including color technology and development, material innovation for artificial leather, and coated fabrics manufacturing. She has demonstrated proficiency in formulating premium grade materials that align with international quality standards and specifications.

Her professional experience encompasses cross-functional collaboration across Research & Development, Production, and Quality departments to ensure consistent product creation. Notably, she has represented the organization at international levels, including technical engagements with globally recognized companies such as Mercedes Benz, showcasing her communication and cross-cultural presentation skills.

Academic Qualifications and Certifications

Mrs. Poddar holds a Bachelor of Commerce (B.Com) degree from Sydenham College of Commerce & Economics, Mumbai. Beyond her formal education, she has pursued specialized certifications including becoming a Certified Health Coach from the Institute for Integrative Nutrition (IIN), New York, USA. Additionally, she is an Access Consciousness (USA) Practitioner, focusing on creating self-awareness.

Corporate Relationship and Governance

As part of the regulatory disclosure requirements under SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, the company has revealed that Mrs. Puja Poddar is a promoter of the company and serves as the daughter-in-law of Mr. Suresh Kumar Poddar, who holds the position of Chairman and Managing Director & CEO (DIN: 00022395) of Mayur Uniquoters Limited.

Role and Responsibilities

In her new capacity as President-HR and Administration, Mrs. Poddar will oversee the overall human resources and administration functions of the company in full-time employment. This appointment strengthens the company's leadership team and reflects its commitment to enhancing organizational capabilities in human resource management and administrative operations. The information has also been made available on the company's website at www.mayuruniquoters.com as per regulatory requirements.

Mayur Uniquoters is evaluating strategic capital expenditure plans for establishing a new PVC manufacturing plant, with two distinct investment options currently under consideration. The company's expansion strategy involves careful assessment of operational scale and geographical positioning to optimize future growth prospects.

Investment Options Under Evaluation

The company has identified two primary investment pathways for its PVC plant expansion:

Production Capacity and Scaling Plans

Should Mayur Uniquoters proceed with the South India facility option, the operational framework includes specific capacity targets and expansion potential. The facility would commence operations with substantial monthly production capabilities, designed with built-in scalability for future growth.

Strategic Considerations

The capital expenditure evaluation reflects the company's strategic approach to manufacturing expansion in the PVC segment. The choice between the ₹200 crore South India facility and the ₹300 crore global facility represents different scales of operational commitment and market positioning strategies.

The South India option offers a more focused regional approach with defined capacity parameters, while the larger global facility investment suggests broader market ambitions. Both options demonstrate the company's commitment to expanding its PVC manufacturing capabilities and enhancing its market presence in this segment.