Supreme Industries Ltd (SIL), a leading plastics products manufacturer, has initiated a postal ballot process to seek shareholder approval for the appointment of two new Independent Directors. The company aims to strengthen its board with the addition of Mr. Rajiv Jalota and Mr. Sriram Hariharan, both bringing extensive experience in their respective fields.

Key Details of the Postal Ballot

• Voting Period: October 13, 2025, to November 11, 2025
• Cut-off Date: October 7, 2025
• Voting Method: Remote e-voting only

Proposed Appointments

Mr. Rajiv Jalota (DIN: 00152021)

• Former IAS officer with over 35 years of service
• Expertise in governance, infrastructure, maritime, industry, and public finance
• Proposed term: 5 years (September 13, 2025, to September 12, 2030)

Mr. Sriram Hariharan (DIN: 10156705)

• Nearly 30 years of experience in financial services
• Former Chairman of ICICI Bank's Canada and UK subsidiaries
• Proposed term: 5 years (September 13, 2025, to September 12, 2030)

Profile Highlights

Both candidates have been initially appointed as Additional Directors on September 13, 2025, pending shareholder approval. The company has emphasized that both nominees meet the criteria for independence as per the Companies Act, 2013, and SEBI Listing Regulations.

Shareholders are encouraged to participate in the e-voting process to cast their votes on these important board appointments. The results of the postal ballot will be announced within two working days from the conclusion of the e-voting period.

This move by Supreme Industries to bring on board directors with diverse and extensive experience aligns with best practices in corporate governance and could potentially enhance the company's strategic direction and oversight.

Supreme Industries , a leading plastic products manufacturer, has significantly boosted its production capabilities with the commissioning of new ABS compounding lines at its Amdoshi facility. The company announced that production at the new facility commenced on September 25, marking a notable expansion in its manufacturing capacity.

Expansion Details

The newly commissioned lines boast an impressive capacity of 20,000 tonnes per annum (TPA) for ABS (Acrylonitrile Butadiene Styrene) compounding. This strategic move is expected to strengthen Supreme Industries' position in the plastic products market and enhance its ability to meet growing demand.

ABS Compounding Significance

ABS is a common thermoplastic polymer widely used in manufacturing due to its desirable properties such as impact resistance, toughness, and heat resistance. The expansion into ABS compounding suggests Supreme Industries is positioning itself to cater to diverse industrial needs, potentially including automotive parts, electronic housings, and consumer goods.

Impact on Production Capacity

With the addition of 20,000 TPA of ABS compounding capacity, Supreme Industries has demonstrated its commitment to growth and meeting market demands. This expansion is likely to have a positive impact on the company's production capabilities and potentially its market share in the plastic products industry.

Strategic Location

The choice of the Amdoshi facility for this expansion indicates Supreme Industries' strategic approach to enhancing its manufacturing footprint. The location may offer logistical advantages or align with the company's broader operational strategy.

Conclusion

Supreme Industries' latest move to commission these new ABS compounding lines reflects the company's focus on expanding its product offerings and production capabilities. As the plastic products sector continues to evolve, such investments in capacity and technology are crucial for maintaining competitiveness in the market.