The Cochin Malabar Estates and Industries Limited has announced key changes to its Board of Directors, following the Board Meeting held on March 28, 2025. These changes include the cessation of Mrs. Tara Purohit as an Independent Director and the appointment of Mrs. Komal Bhotika as an Additional Non-Executive Independent Director.

Cessation of Mrs. Tara Purohit (DIN: 00658659)

The Board noted that the second term of appointment of Mrs. Tara Purohit as an Independent Director will expire on March 31, 2025. Consequently, she will cease to be an Independent Director of the Company from the close of business hours on March 31, 2025.

The Board placed on record its appreciation for the valuable contributions, guidance, and support provided by Mrs. Purohit during her tenure. Her expertise and insights have significantly contributed to the strategic growth and governance of the Company over the years.

Appointment of Mrs. Komal Bhotika (DIN: 08845578)

To ensure continuity in governance and strategic direction, the Board, based on the recommendation of the Nomination and Remuneration Committee, has appointed Mrs. Komal Bhotika as an Additional Non-Executive Independent Director of the Company with effect from March 28, 2025.

Terms of Appointment:

• Designation: Additional Non-Executive Independent Director

• Tenure: 5 (five) consecutive years starting from March 28, 2025

• Subject to Approval: The appointment is subject to the approval of shareholders at the ensuing Annual General Meeting (AGM).

Brief Profile of Mrs. Komal Bhotika

Mrs. Komal Bhotika is a Fellow Member of the Institute of Chartered Accountants of India (ICAI) and holds a Commerce degree from the University of Calcutta. She is a partner at KBDB & Associates, Chartered Accountants, bringing with her extensive experience in finance, auditing, and compliance.

Key Credentials and Expertise:

• Integrity and Expertise: Mrs. Bhotika possesses a deep understanding of financial regulations and corporate governance, which will add immense value to the Company’s Board.

• Directorships: She currently holds Directorships in three companies, two of which are listed entities.

• Independence and Compliance: Mrs. Bhotika is not related to the Promoter, Promoter Group, or any other Directors of the Company. She is not debarred from holding the office of Director by any order from SEBI or any other authority.

Regulatory Compliance and Disclosures

The appointment and cessation of Directors are in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further, disclosures required under Para A (7) of Part A of Schedule III and SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 have been provided to the stock exchange.

Board's Acknowledgement and Future Outlook

The Board emphasized its commitment to ensuring the highest standards of corporate governance and diversity in leadership. It expressed confidence that Mrs. Komal Bhotika’s appointment would strengthen the Board's expertise and add value to the Company's long-term objectives.

Additionally, the Board extended its sincere appreciation to Mrs. Tara Purohit for her dedication, valuable contributions, and strategic insights during her tenure.

Shareholders' Approval and AGM Agenda

The Company will seek the approval of shareholders for the appointment of Mrs. Komal Bhotika as an Independent Director for a term of five years at the upcoming Annual General Meeting (AGM). The formal notification and agenda for the AGM will be shared with the shareholders in due course.

Board Meeting Details

• Meeting Date: March 28, 2025

• Start Time: 1:30 PM

• Conclusion Time: 3:15 PM

Website Disclosure

This information is available on the Company’s official website: www.cochinmalabar.in

Conclusion

The changes to the Board mark an important milestone in The Cochin Malabar Estates and Industries Limited’s continued focus on corporate governance and operational excellence. With the induction of Mrs. Komal Bhotika and the invaluable contributions of Mrs. Tara Purohit, the Company is well-positioned to navigate future challenges and opportunities effectively.

Shareholders and stakeholders are encouraged to stay informed about further developments by visiting the Company's official website.

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