Pankaj Polymers Limited has announced a significant change in its top management. T. Brahmaiah, the company's Chief Financial Officer (CFO), has resigned from his position, marking the end of his tenure with the plastic manufacturing firm.

Resignation Details

According to the company's official communication to the Bombay Stock Exchange (BSE), Mr. Brahmaiah's last day of service was August 15, 2025. The resignation was initially intimated to the stock exchange on August 6, 2025, in compliance with the Securities and Exchange Board of India (SEBI) regulations.

Reason for Departure

In the disclosure provided to the BSE, Pankaj Polymers stated that Mr. Brahmaiah's decision to resign was driven by his desire "to pursue a new career opportunity outside the Organization." The company further clarified that there were "no other material reasons other than to pursue an alternate career opportunity in a different industry outside the Organization."

Regulatory Compliance

The company has adhered to the regulatory requirements by submitting the necessary details as per Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. This includes providing a copy of Mr. Brahmaiah's resignation letter to the stock exchange.

Company's Response

Pankaj Polymers' management has not announced an immediate replacement for the CFO position. The company's prompt disclosure and compliance with SEBI regulations demonstrate its commitment to transparency in corporate governance.

About Pankaj Polymers Limited

Pankaj Polymers Limited, headquartered in Secunderabad, Telangana, is engaged in the plastic manufacturing industry.

As the company transitions through this change in its financial leadership, stakeholders will be keenly watching for any updates on the appointment of a new CFO and the potential impact on the company's financial strategy going forward.

Pankaj Polymers Limited, a company listed on the Bombay Stock Exchange (Scrip Code: 531280), has announced significant leadership changes along with its financial results for the first quarter of the fiscal year 2025-26.

Leadership Changes

The company has undergone multiple leadership changes, as disclosed in their recent filings:

1. New Chief Financial Officer: Mr. P. Hari Krishna has been appointed as the new Chief Financial Officer (CFO), effective from August 16, 2025. Mr. Krishna brings 15 years of experience in Finance & Accounts and holds a Post Graduate degree in Business Management with a focus on Finance.

2. Resignation of Previous CFO: Mr. T. Brahmaiah, the previous CFO, has resigned from his position to pursue new career opportunities outside the organization. His resignation was effective from August 6, 2025.

3. New Independent Director: The Board has appointed Mr. Ashutosh Gupta as an Independent Director for a five-year term, from August 6, 2025, to August 5, 2030, subject to shareholder approval. Mr. Gupta holds a Post Graduate degree in Business Management and brings three decades of experience in the Jewellery, Construction, and Electronics sectors.

Q1 Financial Results FY 2025-26

Pankaj Polymers Limited has also released its unaudited financial results for the quarter ended June 30, 2025:

Key observations from the financial results:

• The company has seen a significant increase in revenue from operations, growing by 49.50% year-over-year.
• Despite the revenue growth, the company's losses have widened. The loss for the period increased from Rs. 5.63 lakhs in Q1 FY 2024-25 to Rs. 17.31 lakhs in Q1 FY 2025-26.
• Total expenses have risen by 36.58%, outpacing the growth in total income.

The Board of Directors approved these results at their meeting held on August 6, 2025. The financial statements have been prepared in accordance with Indian Accounting Standards as prescribed under section 133 of the Companies Act, 2013.

Pankaj Goel, Managing Director of Pankaj Polymers Limited, signed off on the regulatory filings. The company's statutory auditors, Luharuka & Associates, have conducted a limited review of these financial results as per SEBI regulations.

Investors and stakeholders can find more detailed information on the company's website at www.pankajpolymers.com .