Tamilnadu Petroproducts Limited has announced a significant leadership change with the appointment of Ms. Sandhya Venugopal Sharma, IAS as Additional Director and Chairperson of the Board. The appointment, effective January 14, 2026, was communicated to both BSE Limited and National Stock Exchange of India Limited under Regulation 30 requirements.

Board Appointment Details

The Board of Directors appointed Ms. Sandhya Venugopal Sharma (DIN: 08445015) as an Additional Director under Non-Executive Category and Chairperson of the Board. The company confirmed that approval from members will be obtained in compliance with Regulation 17(1)(c) of the Listing Regulations.

The company has confirmed that Ms. Sharma is not debarred from holding the office of director by virtue of any SEBI order or any other authority, meeting all regulatory compliance requirements.

Professional Background

Ms. Sandhya Venugopal Sharma brings extensive administrative experience as a 1995 batch Indian Administrative Service (IAS) officer of the Tamil Nadu cadre. She currently serves as Chairperson of Tamilnadu Industrial Development Corporation Limited (TIDCO), the promoter company that nominated her for this position.

Her distinguished career includes senior leadership roles at both state and central government levels. During her central deputation with the Department of Space, she served as Joint Secretary and later as Additional Secretary in Bengaluru from 2019 to 2025.

Key Career Highlights

Ms. Sharma's professional journey encompasses diverse administrative roles across multiple sectors:

Central Government Experience:

• Joint Secretary and Additional Secretary, Department of Space, Bengaluru (2019-2025)
• State Project Director, Sarva Shiksha Abhiyaan during deputation to Government of Karnataka

State Government Assignments:

• Commissioner (Archives and Historical Research)
• Joint/Deputy Secretary and Controller roles in Commercial Taxes
• Various positions in Education department and Tamil Nadu Public Service Commission
• District-level postings as Sub Collector in Chengalpattu and Tindivanam

Corporate Governance

The appointment strengthens Tamilnadu Petroproducts Limited's board composition with proven administrative expertise. Ms. Sharma is not related to any other Director of the Company, ensuring independent governance structure. The company has provided all required disclosures pursuant to SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The appointment reflects the promoter TIDCO's continued involvement in the company's strategic direction, bringing public sector administrative experience to the petrochemicals company's leadership team.

Tamilnadu Petroproducts Limited has informed stock exchanges about a significant change in its board composition, with the resignation of its Chairperson Ms. Mariam Pallavi Baldev effective December 31, 2025. The company filed the disclosure under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Leadership Transition Details

Ms. Mariam Pallavi Baldev, an IAS officer holding Director Identification Number (DIN) 09281201, served as Chairperson and Non-Executive & Non-Independent Director of the company. Her appointment to the board was through nomination by Tamilnadu Industrial Development Corporation Limited (TIDCO), a state government entity.

The resignation became effective on December 31, 2025, which corresponds to the date when the company received the formal resignation letter from TIDCO. This timing aligns with the requirements under Section 168 of the Companies Act 2013, which governs the resignation process for company directors.

Regulatory Compliance

The company has fulfilled its disclosure obligations by providing comprehensive details to both BSE Limited (Scrip Code: 500777) and National Stock Exchange of India Limited (Symbol: TNPETRO). The announcement includes all required information as per SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Corporate Governance Impact

The resignation represents a change in the company's leadership structure, particularly affecting the chairperson position. As a TIDCO-nominated director, Ms. Baldev's role was part of the state government's representation on the company's board through its industrial development arm.

The company secretary, Sangeetha Sekar, signed the disclosure document, ensuring proper documentation and compliance with regulatory requirements. The formal communication to stock exchanges included necessary annexures containing the resignation letter and detailed compliance information as mandated by SEBI regulations.

Tamilnadu Petroproducts Limited operates in the petrochemicals sector and maintains its listing on both major Indian stock exchanges. The company has requested the exchanges to take note of this directorate change, completing the formal notification process required under securities regulations.