Pratiksha Chemicals has announced significant changes to its leadership and compliance team, as approved at its 34th Annual General Meeting (AGM) held on September 18, 2025. The company has appointed a new Non-Executive Independent Director and a new firm of Secretarial Auditors, reinforcing its commitment to corporate governance and strategic growth.

New Independent Director Appointment

Mr. Halubhai Vaghjibhai Rabari has been appointed as a Non-Executive Independent Director for a five-year term, effective from the conclusion of the 34th AGM. Rabari brings a wealth of experience in marketing, with a particular focus on brand strategy, digital outreach, and market development across various sectors including FMCG, technology, and retail.

Key points about Mr. Rabari's appointment:

• Tenure: Five years from the conclusion of the 34th AGM
• Expertise: Marketing professional with a strong interest in brand strategy and digital outreach
• Focus: Aligning marketing initiatives with broader business goals and sustainable growth
• Approach: Known for thoughtful strategies, collaborative mindset, and data-driven insights

The company has affirmed that Mr. Rabari is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

New Secretarial Auditors

In another significant move, Pratiksha Chemicals has appointed M/s. A. Shah & Associates as its Secretarial Auditors for a five-year term, spanning from FY 2025-26 to FY 2029-30.

About A. Shah & Associates:

• Established: Over two decades ago
• Specialization: Comprehensive corporate legal and secretarial solutions
• Expertise: Complex corporate matters including mergers, demergers, restructuring, and regulatory compliances
• Client Base: Serves a range of corporates from closely held private companies to listed public entities across various industries

AGM Highlights

The 34th AGM of Pratiksha Chemicals, held via video conference, also addressed other important matters:

1. Adoption of audited financial statements for the year ended March 31, 2025
2. Reappointment of Ms. Monika Jayeshbhai Chauhan (DIN: 08329798) as a Director, who was retiring by rotation

The meeting, chaired by Mr. Jayesh Patel, Director and CFO of the company, commenced at 4:00 PM and concluded at 4:22 PM.

These appointments and decisions reflect Pratiksha Chemicals' commitment to strengthening its corporate structure and ensuring compliance with regulatory requirements. The addition of Mr. Rabari to the board and the engagement of A. Shah & Associates as Secretarial Auditors are expected to contribute to the company's governance practices and strategic direction in the coming years.

Pratiksha Chemicals Limited has announced significant changes to its board and preparations for its upcoming Annual General Meeting (AGM). The company's Board of Directors convened on August 14, making several key decisions that signal important developments for the chemical manufacturer.

New Independent Director Appointment

In a move to strengthen its leadership, Pratiksha Chemicals' board has approved the appointment of Mr. Halubhai Vaghjibhai Rabari as an Additional Non-Executive Independent Director. The appointment, effective from August 14, is subject to shareholder approval at the next general meeting.

Mr. Rabari brings a wealth of experience to the board, particularly in the realm of marketing. His expertise spans:

• Brand strategy
• Digital outreach
• Market development

With a background in supporting customer engagement efforts across various sectors including FMCG, technology, and retail, Mr. Rabari is expected to contribute significantly to Pratiksha Chemicals' growth strategies. His approach is characterized by:

• Aligning marketing initiatives with broader business goals
• Focus on sustainable growth
• A thoughtful and collaborative mindset
• Emphasis on data-driven insights

AGM Preparations and Compliance Measures

The board meeting also addressed several items related to the company's upcoming Annual General Meeting and regulatory compliance:

1. AGM Notice and Reports: The board approved the draft notice for the Annual General Meeting, along with the Board's Report and Secretarial Audit Report.

2. Scrutinizer Appointment: M/s A Shah & Associates, a practicing company secretary firm, has been appointed as the scrutinizer for the ensuing AGM. This appointment ensures proper oversight and compliance with voting procedures during the meeting.

3. Financial Year Closure: The board has fixed the day, date, time, and book closure dates for the AGM, although specific details were not disclosed in the announcement.

These decisions demonstrate Pratiksha Chemicals' commitment to corporate governance and shareholder engagement. The appointment of Mr. Rabari as an independent director, in particular, suggests the company's focus on bringing fresh perspectives and diverse expertise to its leadership team.

Shareholders and investors of Pratiksha Chemicals will likely be keen to attend the upcoming AGM to learn more about the company's performance and to vote on important matters, including the formal appointment of Mr. Rabari to the board.

As the chemical sector continues to evolve, Pratiksha Chemicals' proactive approach to board composition and regulatory compliance positions it to navigate future challenges and opportunities in the market.