Pokarna Limited has announced a board change following the completion of tenure by one of its Independent Directors. The company informed stock exchanges about the cessation of Mrs. Jayshree Rajesh Sanghani as an Independent Director on December 23, 2025.

Director Cessation Details

Mrs. Jayshree Rajesh Sanghani (DIN: 09007808) completed her term of 5 consecutive years as an Independent Director of Pokarna Limited on December 23, 2025. As per regulatory requirements, she consequently ceased to be a Director of the Company with effect from the end of business hours on the said date.

Regulatory Compliance

The company has filed the necessary disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to both BSE Limited and National Stock Exchange of India Limited, where Pokarna Limited shares are listed under scrip code 532486 and symbol POKARNA respectively.

The disclosure follows the requirements outlined in SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Company Secretary and Compliance Officer Pratima Khandu Gulankar (ACS: 66794) signed the regulatory filing on behalf of the company.

About the Change

The cessation is a routine regulatory matter arising from the completion of the maximum permissible tenure for Independent Directors. Under corporate governance norms, Independent Directors can serve for a maximum of two consecutive terms of five years each, with Mrs. Sanghani completing her first five-year term.

Pokarna Limited, with CIN L14102TG1991PLC013299, has its registered and corporate office located at Surya Towers, 105, Sardar Patel Road, Secunderabad 500003, Telangana. The company continues its operations with the remaining board members following this planned transition.

Pokarna Limited , a leading quartz surface manufacturer, recently held its Q1 earnings conference call, revealing its strategies to navigate the challenging business environment, particularly in light of new US tariffs. Chairman Gautam Chand Jain highlighted the company's efforts to diversify its geographic presence and strengthen its product portfolio amidst market uncertainties.

US Tariff Impact and Market Dynamics

The company faces a significant challenge with the recent increase in US tariffs on quartz surfaces from India. Effective August 7, the tariff rate has risen to 25.00% from the previous 10.00%. This development has created uncertainty among customers, particularly in the United States, leading to deferred large-scale home improvement projects and a preference for lower-cost options.

Jain stated, "We anticipate this period of uncertainty will extend until a definitive tariff resolution is reached. Until the situation becomes more certain, we remain agile to respond to evolving circumstances."

Geographic Diversification

In response to the US market challenges, Pokarna is actively diversifying its geographic presence. The company reported encouraging demand from non-US markets, including the Czech Republic, Canada, France, Mexico, and Russia. These regions have been gradually increasing their contributions to Pokarna's revenue.

Domestic Market Expansion

On the domestic front, Pokarna is set to open an Experience Center in Hyderabad within the next six months. This initiative aims to strengthen the company's brand visibility and customer engagement in the Indian market, while also serving as a showcase for international customers visiting India.

Product Innovation and Capacity Expansion

Pokarna remains committed to product innovation and expanding its offerings. The company expects its KREOS product line to begin contributing from the current fiscal year, introducing a range of design-led premium offerings. Additionally, initial contributions from the Chromia line are anticipated during this year.

Jain announced, "New expansion capacity is expected to add approximately Rs. 500.00 crore in additional turnover when fully operational, with production starting in financial year 2026-27."

Financial Strategy and Customer Relations

While specific financial details were not disclosed, the company emphasized its focus on maintaining margins through product innovation and quality improvements. Pokarna plans to revisit pricing structures with customers based on the evolving tariff situation while continuing to prioritize product innovation and customer retention.

Jain assured investors, "We remain firmly focused on delivering shareholder value through strong demand capture, disciplined execution, and proactive risk management."

Outlook

Despite the external uncertainties, particularly surrounding US tariffs, Pokarna Limited maintains a cautiously optimistic outlook. The company's strategy involves balancing customer relationships, product innovation, and geographic diversification to navigate the challenging market conditions.

As negotiations between India and the US continue, Pokarna anticipates more clarity on the tariff situation in the coming months. The company remains committed to its expansion plans and product development initiatives, viewing the current challenges as an opportunity to strengthen its global market position and operational efficiency.