Poddar Pigments Limited has announced the appointment of Shri Visvanathan Muthukumar as an Additional Director in the Non-Executive Independent Director category, effective February 27, 2026. The appointment was formalized during a Board meeting held on the same date and is subject to shareholder approval.

Regulatory Filing and Board Meeting Details

The company filed the official intimation under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 with BSE Limited and National Stock Exchange of India Limited. The Board of Directors meeting was conducted on February 27, 2026, commencing at 2:45 PM and concluding at 3:30 PM. The appointment was made on the recommendation of the company's Nomination and Remuneration Committee.

Appointment Terms and Conditions

Professional Background

Shri Visvanathan Muthukumar brings over four decades of extensive experience in Finance, Taxation, and Management Information Systems (MIS) within the corporate sector. Throughout his distinguished career, he has held several senior leadership positions with Larsen & Toubro Ltd and Murugappa Group, contributing significantly to financial strategy and governance.

He is currently in a senior position at Ambattur Clothing Company, where he continues to provide strategic financial oversight and corporate leadership. Additionally, he serves as a Director in Avighna Systems Private Limited.

Educational and Professional Qualifications

Mr. Muthukumar's educational credentials include:

• Bachelor's degree in Physics from St Joseph's College, Tiruchirappalli
• Qualified Chartered Accountant
• Member of the Institute of Chartered Accountants of India since 1983

Regulatory Compliance

The company has confirmed that Shri Visvanathan Muthukumar is not debarred from holding the office of Director by virtue of any SEBI order or any other authority. The disclosure also confirms that he has no relationships with other Directors on the Board of the company, maintaining the independence required for his role. The filing was signed by Company Secretary and Compliance Officer Rajeev Kumar (ACS No. 33990).

Poddar Pigments Limited has announced the reaffirmation of its credit ratings by CRISIL Ratings, demonstrating continued financial stability and creditworthiness. The rating agency communicated its decision to the company on February 27, 2026, maintaining confidence in the company's financial position.

Credit Rating Details

CRISIL Ratings has reviewed and reaffirmed the ratings on the company's bank facilities following its assessment. The rating reaffirmation covers the company's borrowing facilities and reflects the agency's evaluation of its credit profile.

Regulatory Compliance

The company has made this disclosure in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events and developments that could impact their operations or financial position.

Information Accessibility

In compliance with Regulation 46 of the Listing Regulations, Poddar Pigments Limited has hosted this rating information on its official website at www.poddarpigmentsltd.com . This ensures transparency and provides stakeholders with easy access to important corporate announcements and updates.

The rating reaffirmation provides assurance to lenders, investors, and other stakeholders about the company's ability to meet its financial obligations. The stable outlook on the long-term rating indicates CRISIL's expectation that the company will maintain its current credit quality over the rating horizon.