Bisil Plast Limited, a listed company with operations headquartered in Ahmedabad, Gujarat, has officially announced a significant leadership addition. In a disclosure made to the Bombay Stock Exchange (BSE) under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company confirmed the appointment of Mr. Ravikumar Kirtibhail Patel as an Additional Executive Director of the company.

The decision was taken at the board meeting held on August 26, 2025, and is in line with corporate governance and regulatory compliance. The appointment has been duly recommended by the Nomination and Remuneration Committee and also approved by the Audit Committee, ensuring that the process adhered to SEBI’s standards of accountability and transparency.

Background of the Appointment

Mr. Ravikumar Kirtibhail Patel brings with him vast experience in the fields of finance and management. His leadership track record positions him well to contribute significantly towards enhancing operational efficiency, strengthening financial controls, and driving sustainable growth for Bisil Plast Limited.

As an Additional Executive Director, Mr. Patel will be entrusted with key responsibilities including:

• Overseeing the company’s financial performance and ensuring alignment with the board’s strategic vision.

• Implementing robust operational planning and financial control systems.

• Monitoring the company’s overall growth and performance in line with shareholder expectations.

SEBI Compliance and Transparency

In accordance with the requirements of SEBI and the guidance laid out in SEBI Circular No. CIR/CFD/CMD/4/2015 and the updated compliance norms under SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July 2023, the company has provided detailed disclosures.

It has been confirmed that Mr. Patel is not related to any of the directors of Bisil Plast Limited. Additionally, a declaration has been made that he is not debarred from holding the office of Director by the Securities and Exchange Board of India or any other authority. This transparency ensures compliance with BSE Circular No. LIST/COMP/14/2018-19 issued on June 20, 2018.

Strengthening Leadership for Growth

The appointment comes at a time when Bisil Plast Limited is seeking to strengthen its management structure and focus on growth strategies that balance operational expansion with financial prudence. With Mr. Patel’s expertise in finance and management, the company is expected to benefit from enhanced oversight in areas of performance monitoring, business development, and regulatory compliance.

The leadership addition reflects Bisil Plast’s commitment to strong corporate governance practices and its efforts to maintain transparency with stakeholders, including shareholders, regulators, and the stock exchanges.

Market Impact and Stakeholder Confidence

Such appointments typically bolster investor confidence as they signal proactive steps by the company towards strengthening governance and management capacity. By disclosing this appointment promptly, Bisil Plast ensures compliance with SEBI norms and reassures stakeholders of its dedication to ethical business practices.

Conclusion

The appointment of Mr. Ravikumar Kirtibhail Patel as Additional Executive Director marks an important step for Bisil Plast Limited. His extensive background in finance and management, combined with the company’s strategic vision, is expected to contribute positively to long-term shareholder value creation and the sustainable growth of the organisation.

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