Deccan Polypacks Limited has announced significant changes in its management as part of its compliance with the Listing Obligations and Disclosure Requirements (LODR) Regulations. The company informed the BSE Limited (BSE) through its corporate disclosure that these changes were approved at the Board of Directors meeting held on 27th March 2025 at the registered office of the company.

Appointment of Company Secretary and Compliance Officer

The Board approved the appointment of Mrs. Ritu Sing (ECSIN: EA02493F000096104) as the new Company Secretary and Compliance Officer with effect from 27th March 2025. Mrs. Sing is a qualified Company Secretary with 10 years of experience in handling secretarial and legal matters for both listed and unlisted companies. Her ICSI Membership Number is ACS 24934.

• Date of Appointment: 27th March 2025

• Reason for Appointment: To ensure smooth compliance with regulatory and secretarial obligations.

• Brief Profile: Mrs. Sing has extensive experience in corporate governance and secretarial work, making her a valuable addition to the management team.

Resignation of Independent Director

The Board also accepted the resignation of Mr. Suryanarayanarao Venkata Nanduri (DIN: 02143781), who served as an Independent Director. His resignation is effective from 27th March 2025. Mr. Nanduri cited ill health and personal reasons for stepping down and confirmed that there were no material reasons for his resignation except for the stated ones.

• Date of Resignation: 27th March 2025

• Reason for Resignation: Due to ill health and personal reasons.

• Roles Held: Mr. Nanduri was a member of the Audit Committee, Risk Management Committee, and Nomination and Remuneration Committee.

In his resignation letter, Mr. Nanduri expressed gratitude to the Board, management, and staff of Deccan Polypacks Limited for their cooperation and support during his tenure and wished the company continued success.

Details of the Board Meeting

The Board of Directors' meeting commenced at 02:00 PM and concluded at 3:30 PM on 27th March 2025. During this meeting, the Board took into consideration and approved the following key items:

1. Appointment of Mrs. Ritu Sing as the new Company Secretary and Compliance Officer.

2. Acceptance of resignation of Mr. Suryanarayanarao Venkata Nanduri as Independent Director.

Compliance with SEBI Regulations

The disclosures provided by the company were made in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023. These disclosures ensure transparency and adherence to corporate governance norms set by SEBI.

Details as per SEBI Circular for New Appointments and Resignations

The company also provided Annexure-1 and Annexure-2 with detailed disclosures regarding the appointments and resignations as required by the SEBI Circular dated 13th July 2023.

Annexure-1: Appointment of Company Secretary

• Name: Mrs. Ritu Sing

• ICSI Membership No.: ACS 24934

• Reason for Change: Appointment to ensure compliance with regulatory requirements.

• Date of Appointment: 27th March 2025

• Brief Profile: Mrs. Sing holds over 10 years of experience in secretarial and legal compliance.

• Relationship with Directors: None

Annexure-2: Resignation of Independent Director

• Name: Mr. Suryanarayanarao Venkata Nanduri

• DIN: 02143781

• Reason for Change: Resigned due to ill health and personal reasons.

• Date of Resignation: 27th March 2025

• Other Directorships: None

Consent for Appointment of Company Secretary

Mrs. Ritu Sing also submitted her Consent to Act as Whole Time Company Secretary, affirming her eligibility and willingness to assume the role. She declared that she has not been convicted of any offense related to company management and holds no other directorships.

Board’s Acknowledgment of Contributions

The Board acknowledged the valuable contributions made by Mr. Nanduri during his tenure and expressed its appreciation for his commitment and efforts in serving the company. The company extended its best wishes to him for a speedy recovery and future endeavors.

Future Implications of Management Changes

These changes align with Deccan Polypacks Limited's strategic objectives and ensure that the company remains in compliance with all regulatory requirements. The appointment of an experienced Company Secretary is expected to further strengthen the company's governance framework, while the Board will take steps to fill the vacancy created by Mr. Nanduri’s departure.

Regulatory Adherence and Corporate Governance

Deccan Polypacks Limited has ensured that all requisite filings and disclosures have been made with the stock exchanges, and the changes have been recorded as per the stipulated timelines.

Conclusion

The management changes at Deccan Polypacks Limited reflect the company's commitment to maintaining high standards of corporate governance. With the appointment of Mrs. Ritu Sing as the new Company Secretary and Compliance Officer and the acceptance of Mr. Nanduri’s resignation, the company is poised to move forward with a renewed focus on compliance and operational excellence.

These developments were duly communicated to the BSE Limited for records and regulatory compliance. The company will continue to provide timely updates on any further changes or developments.

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