National Standard (India) Limited has issued a regulatory clarification to BSE Limited addressing unusual price movement in its shares following recent corporate developments. The communication, dated January 9, 2026, was submitted by Company Secretary and Compliance Officer Hitesh Marthak to the Corporate Relationship Department of BSE Limited.

Merger Approval Triggers Price Movement

The company has attributed the unusual share price movement to the exchange approval granted by BSE Limited for its merger with Lodha Developers Limited. This approval was granted on December 30, 2025, and appears to have resulted in significant trading activity in the company's scrip.

Regulatory Compliance Statement

In its communication to the exchange, National Standard (India) Limited has clarified that there is no new information or announcement that was required to be disclosed under regulatory frameworks. The company specifically stated that no information exists under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that would warrant the observed price behavior in the company's shares.

Corporate Governance Details

The clarification was signed by Hitesh Marthak, who serves as the Company Secretary and Compliance Officer for National Standard (India) Limited. The document bears his digital signature dated January 9, 2026, at 19:04:15 +05'30', and references his membership number A18203.

Market Communication

The company's proactive communication to BSE Limited demonstrates adherence to regulatory requirements for addressing unusual market movements. By issuing this clarification, National Standard (India) Limited has fulfilled its obligation to inform the exchange about factors that may be influencing its share price performance, while confirming that no undisclosed material information exists that could explain the trading pattern.

National Standard (India) Limited , a company listed on the Bombay Stock Exchange (BSE: 504882), has announced a significant change in its board composition. Smita Ghag, serving as a Non-Executive Non-Independent Director, has tendered her resignation from the company's board.

Resignation Details

The company disclosed the following key information regarding Ms. Ghag's departure:

Corporate Disclosure

In compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, National Standard (India) Limited promptly informed the BSE about this development. The company has also made the information available on its official website ( www.nsil.net.in ) for public access.

Director's Statement

In her resignation letter addressed to the Board of Directors, Ms. Ghag expressed her appreciation for the cooperation extended to her by the Board and Senior Management during her tenure. She also confirmed that there were no material reasons for her resignation other than the professional commitments mentioned.

Company Response

Hitesh Marthak, the Company Secretary and Compliance Officer of National Standard (India) Limited, officially communicated this change to the stock exchange. The company has provided all necessary details as required under the SEBI regulations, including the effective date of cessation and the reason for the change.

This board-level change comes as National Standard (India) Limited continues its operations from its registered office at 412, Floor-4, 17G Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort, Mumbai-400001.

Investors and stakeholders of National Standard (India) Limited will be observing any potential impacts or further changes in the company's governance structure following this resignation.