Photoquip (India) Limited has announced a significant board appointment, naming Chaitali S Oza as an Additional Director in the Non-Executive Non-Independent category. The appointment represents a strategic addition to the company's governance structure as it continues to strengthen its board composition.

Board Appointment Details

The appointment of Chaitali S Oza (DIN: 10956654) comes following a recommendation from the Nomination and Remuneration Committee. The board has approved her appointment for a substantial tenure, reflecting confidence in her potential contribution to the company's strategic direction.

Regulatory Compliance and Confirmations

The company has fulfilled all regulatory disclosure requirements under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. As mandated by BSE Circular No. List/Comp/14/2018-19 dated June 20, 2018, Photoquip India has confirmed that Chaitali S Oza is not debarred from holding the office of director by virtue of any order of SEBI or any other authority.

The appointment also meets the independence criteria, with the company confirming that Chaitali S Oza is not related to any existing directors of the company as defined under Section 2(77) of the Companies Act, 2013.

Director Profile and Qualifications

Chaitali S Oza brings a fresh perspective to the board with her solid academic foundation, having completed her Intermediate education. Her profile highlights several key attributes that align with the company's governance objectives:

• Interpersonal Skills: Demonstrated exceptional ability to work with diverse stakeholders
• Adaptability: Strong capacity to adjust to changing business environments
• Problem-solving Approach: Reliable and objective thinking in decision-making processes
• Corporate Governance Focus: Commitment to transparency, integrity, and ethical standards

Strategic Implications

The appointment of Chaitali S Oza as a Non-Executive Non-Independent Director is expected to enhance the board's strategic capabilities. Her fresh approach and enthusiasm for corporate governance are positioned to contribute to strategy formation, compliance oversight, and maintenance of high ethical standards within the organization.

The 5-year term provides stability and continuity for long-term strategic planning, while her independent viewpoint is expected to add value to board discussions and decision-making processes. The appointment is subject to final approval from shareholders and other applicable regulatory approvals.

Photoquip India Limited has announced the appointment of Ms. Aishwarya Anil Lokhare as Company Secretary and Compliance Officer, effective January 5, 2026. The appointment was approved during a Board of Directors meeting held on the same date, addressing the vacancy created by the recent resignation of Ms. Aditi Joshi.

Board Meeting Outcomes

The Board of Directors convened on January 5, 2026, at 4:00 PM and concluded at 4:30 PM to deliberate on key personnel changes. Based on recommendations from the Nomination and Remuneration Committee, the board unanimously approved Ms. Lokhare's appointment to the critical role of Company Secretary and Compliance Officer.

New Appointee Profile

Ms. Aishwarya Anil Lokhare brings qualified expertise to Photoquip India Limited as a certified Company Secretary. She holds the ACS designation with membership number A79455 and possesses extensive experience in secretarial compliances across various corporate structures.

Personnel Transition Details

The appointment follows the resignation of Ms. Aditi Joshi (ACS No. 39811), who stepped down from her position as Company Secretary and Compliance Officer on December 25, 2025. Ms. Joshi had cited pursuing other opportunities as the reason for her departure from the Mumbai-based company.

The board formally acknowledged and approved Ms. Joshi's resignation during the January 5 meeting, ensuring proper documentation and regulatory compliance for the personnel transition.

Regulatory Compliance and Documentation

The appointment was communicated to BSE Limited in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Dhaval Jayant Soni (DIN: 00751362) signed the official communication from the company's registered office at A-13, Royal Industrial Estate, Naigaon Cross Road, Wadala (West), Mumbai.

The company has fulfilled all mandatory disclosure requirements, including comprehensive documentation of the new appointment and formal acknowledgment of the previous resignation, ensuring continuity in corporate governance and regulatory compliance functions.