Olympia Industries Limited has announced the appointment of Ms. Avanti Patthey as its new Company Secretary and Compliance Officer, effective September 25, 2025. The decision was made during a board meeting held on the same day, following a recommendation from the company's Nomination and Remuneration Committee.

Key Appointment Details

• Appointee: Ms. Avanti Patthey
• Position: Company Secretary and Compliance Officer
• Effective Date: September 25, 2025
• ICSI Membership: A77997
• Role: Whole-Time Key Managerial Personnel (KMP)

Professional Background

Ms. Patthey brings a strong academic background and expertise to her new role at Olympia Industries. She is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI). Her areas of expertise include:

• Corporate Laws
• Corporate Governance
• SEBI Regulations
• Compliance-related matters

Appointment Process and Compliance

The appointment of Ms. Patthey aligns with several regulatory requirements:

• Section 203 of the Companies Act, 2013
• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI (Prohibition of Insider Trading) Regulations, 2015

The board meeting that confirmed her appointment commenced at 4:00 PM IST and concluded at 5:25 PM IST on September 25, 2025.

Company Information

Olympia Industries Limited, with the Corporate Identification Number (CIN) L52100MH1987PLC045248, is headquartered at C-205, Synthofine Industrial Estate, Behind Virwani Industrial Estate, Goregaon (East), Mumbai–400063, India.

This strategic appointment is expected to strengthen Olympia Industries' corporate governance and compliance framework, leveraging Ms. Patthey's comprehensive knowledge and experience in the field.

Olympia Industries Limited , a company listed on the Bombay Stock Exchange (BSE) under the scrip code 521105, has announced changes to its board composition. The company disclosed on July 24, 2025, that two of its independent directors have completed their tenure and subsequently stepped down from their positions.

Board Changes

Mr. Pravin Kumar Shishodiya (DIN: 03011429) and Mr. Naresh Parsharam Waghchaude (DIN: 07240631) concluded their second term of five consecutive years as independent directors on July 22, 2025. Both directors ceased to be on the board at the close of business hours on that date.

Regulatory Compliance

The company made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The announcement was made through a filing to the BSE, demonstrating Olympia Industries' commitment to transparent communication with its stakeholders.

Company Details

Olympia Industries Limited, with the Corporate Identification Number (CIN) L52100MH1987PLC045248, has its registered office at C-205, Synthofine Industrial Estate, Behind Virwani Industrial Estate, Goregaon (East), Mumbai–400063, India.

Implications

The departure of these two independent directors marks a significant change in the company's board structure. Independent directors play a crucial role in corporate governance, providing objective oversight and protecting the interests of minority shareholders. The company has not yet announced any replacements for the outgoing directors.

Investors and stakeholders will likely be watching closely to see how Olympia Industries addresses these vacancies and maintains the balance of independent oversight on its board in the coming days.