NITCO tiles announced significant leadership changes following a Board of Directors meeting held on January 14, 2026. The company has appointed new key management personnel to strengthen its executive team, with both appointments receiving approval from the Nomination & Remuneration Committee and taking effect from January 16, 2026.

Key Management Appointments

The Board approved two critical appointments to fill key leadership positions within the organization:

New CFO Profile and Experience

Mr. Bikash Jain brings substantial financial leadership experience to NITCO Limited. As a Chartered Accountant and member of the Institute of Chartered Accountants of India, he possesses over 20 years of comprehensive experience in finance and operations. His professional background includes a decade serving as CFO or Head of Finance at multinational organizations including GSK, Colgate-Palmolive, Coca-Cola, and Hero Cycles Limited.

Jain's expertise encompasses:

• Driving profitable growth and improving cash flow
• Aligning business vision with strategic priorities
• Leading large-scale restructuring in complex markets
• Managing finance hubs across Southeast Asia
• Successfully executing business-critical merger integration in North Africa

Company Secretary Appointment Details

Mrs. Rupali Swami Kambli (ICSI Membership No. A38783) has been appointed as Company Secretary and Compliance Officer. She holds multiple professional qualifications including Company Secretary membership with the Institute of Company Secretaries of India, Chartered Secretary certification from The Chartered Governance Institute (ICSA), and a law degree.

Her professional expertise includes:

• Over 11 years of experience in corporate governance
• Regulatory compliance and legal advisory services
• Risk management and shareholder relations
• Navigation of complex legal and regulatory frameworks
• Corporate secretarial functions with high professional standards

Leadership Transition

The appointments follow Mrs. Geeta Shah's resignation from her position as Company Secretary and Compliance Officer, effective from the closure of business hours on January 14, 2026. Shah's resignation stems from her relocation to a country outside India. To ensure smooth operational continuity, she will remain associated with the company as an employee until February 28, 2026, facilitating the transition process.

Board Meeting Details

The Board meeting commenced at 3:35 PM IST and concluded at 4:50 PM IST on January 14, 2026. All decisions were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring proper regulatory disclosure and transparency for stakeholders.

NITCO tiles has announced key changes to its senior management team following a Board of Directors meeting held on January 14, 2026. The company has appointed new executives to critical positions while managing a smooth transition from outgoing personnel.

Key Management Appointments

The Board approved two significant appointments based on recommendations from the Nomination & Remuneration Committee and Audit Committee. Both appointments are effective from January 16, 2026, and the new executives will serve as Key Managerial Personnel under Section 203 of the Companies Act, 2013.

New CFO Profile and Experience

Mr. Bikash Jain brings extensive financial leadership experience to NITCO Limited. As a Chartered Accountant and member of the Institute of Chartered Accountants of India, he possesses over 20 years of professional experience. His background includes a decade serving as CFO or Head of Finance at multinational organizations including GSK, Colgate-Palmolive, Coca-Cola, and Hero Cycles Limited.

Jain's expertise encompasses:

• Driving profitable growth and improving cash flow
• Aligning business vision with strategic priorities
• Leading large-scale restructuring in complex markets
• Managing finance hubs across Southeast Asia
• Successfully executing business-critical merger integration in North Africa

Company Secretary Appointment

Mrs. Rupali Swami Kambli (ICSI Membership No. A38783) has been appointed as the new Company Secretary and Compliance Officer. She holds multiple professional qualifications including Company Secretary membership with the Institute of Company Secretaries of India, Chartered Secretary certification from The Chartered Governance Institute (ICSA), and a law degree.

Her professional experience spans over 11 years with expertise in:

• Corporate governance and regulatory compliance
• Legal advisory and risk management
• Shareholder relations
• Navigating complex legal and regulatory frameworks

Leadership Transition

The appointments follow the resignation of Mrs. Geeta Shah from her position as Company Secretary and Compliance Officer, effective from the closure of business hours on January 14, 2026. Shah's resignation is attributed to her relocation to a country outside India. To ensure continuity, she will remain associated with the company as an employee until February 28, 2026, facilitating a smooth transition period.

Updated Key Management Personnel

Following these changes, NITCO Limited's Key Management Personnel for determining materiality of events and stock exchange disclosures under Regulation 30(5) includes:

The Board meeting commenced at 3:35 PM IST and concluded at 4:50 PM IST on January 14, 2026. These appointments reflect NITCO Limited's commitment to maintaining strong leadership and governance standards while ensuring regulatory compliance and operational continuity.