NPL has announced a key leadership appointment, naming Mr. Amit Goriwale as Interim Chief Financial Officer and Interim Chief Risk Officer effective December 18, 2025. The decision was made by the Board of Directors following recommendations from both the Nomination and Remuneration Committee and the Audit Committee.

Board Meeting and Appointment Details

The Board of Directors meeting, which commenced at 4:45 p.m. (IST) and concluded at 6:30 p.m. (IST) on December 18, 2025, formally approved the appointment under Section 203 of the Companies Act, 2013. The appointment designates Mr. Goriwale as Key Managerial Personnel of the company.

Professional Background and Qualifications

Mr. Amit Goriwale brings substantial expertise to his new role as a Chartered Accountant with over 6 years of experience across multiple financial domains. His professional background encompasses finance, accounting, audit, taxation, and regulatory compliance, providing a comprehensive foundation for the CFO position.

His technical expertise includes:

• Preparation of Standalone and Consolidated Financial Statements under IndAS
• Statutory audits and compliance management
• SEBI and MCA regulatory requirements
• Finance and accounts management

Career Experience

Currently serving as Deputy Manager (Finance Accounts) at NPL, Mr. Goriwale has previously held positions with notable organizations including Network18 Group, Deloitte, and Lloyd Insulations (India) Limited. This diverse experience across different sectors and organizational structures has equipped him with varied perspectives on financial management and corporate governance.

Appointment Terms and Conditions

The interim appointment is structured to provide continuity in the company's financial leadership while the organization conducts a search for a permanent Chief Financial Officer. The appointment will remain effective until a new Chief Financial Officer is appointed by the Board of Directors and assumes office in that capacity.

The company has fulfilled all disclosure requirements under Regulation 30(6) of SEBI Listing Regulations, read with the SEBI Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring full transparency with stakeholders and regulatory authorities.

National Peroxide Limited (NPL) has announced the resignation of its Company Secretary and Compliance Officer, marking a significant change in the company's key managerial personnel. The chemical sector company formally notified BSE Limited of this corporate development on December 12, 2025.

Key Personnel Change Details

Mr. Amish Shah, who served as Company Secretary and Compliance Officer, tendered his resignation to pursue alternative career opportunities outside the Wadia Group. The resignation became effective from the closure of business hours on December 12, 2025.

Resignation Communication

In his resignation letter addressed to Mr. Rajiv Arora and Mrs. Surabhi Mittal, Shah expressed gratitude for the opportunities and experiences gained during his tenure. He acknowledged the trust placed in him and appreciated the support and guidance from the leadership team. Shah specifically mentioned that working under the current leadership had been enriching, enabling both professional and personal growth.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. National Peroxide Limited submitted the required intimation to the Corporate Relationship Department of BSE Limited, including detailed annexures as mandated by regulatory guidelines.

Company Information

National Peroxide Limited, formerly known as NPL Chemicals Limited, operates in the chemicals sector with its registered office located at Neville House, J.N. Heredia Marg, Ballard Estate, Mumbai. The notification was signed by Mr. Rajiv Arora, Chief Executive Officer and Director, who holds DIN 08730235.

The resignation represents a routine corporate governance matter, with the company ensuring full compliance with stock exchange listing requirements and maintaining transparency with stakeholders regarding changes in key managerial positions.