Godha Cabcon & Insulation Limited, a listed company under the symbol GODHA on the National Stock Exchange (NSE), has officially informed the exchange of a strategic appointment made during its board meeting held on April 14, 2025. This appointment falls under the purview of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely disclosure of material events.

Appointment of Mr. Pratikkumar Ketanbhai Patel

The company’s Board of Directors, acting upon the recommendation of the Nomination and Remuneration Committee and with the Audit Committee's approval, appointed Mr. Pratikkumar Ketanbhai Patel (DIN: 11052043) as an Additional Non-Executive Non-Independent Director of the company.

This strategic appointment is expected to bring a fresh wave of leadership, experience, and direction to the company, aligning with its broader corporate governance goals and long-term growth strategy.

Term of Appointment

As per the official filing:

• Date of Appointment: April 14, 2025

• Term: The appointment is for five years, subject to the approval of shareholders in the upcoming general meeting.

This ensures regulatory alignment with SEBI's corporate governance norms, while also opening the company to enhanced boardroom oversight.

Profile of Mr. Pratikkumar Patel

Mr. Pratikkumar Patel is a Bachelor of Science graduate from Ahmedabad, Gujarat. His career spans extensive experience in the pharmaceutical industry, where he has earned a reputation for his strategic thinking, visionary leadership, and operational excellence.

He is known for:

• Driving organizational growth through structured planning.

• Innovative decision-making aligned with corporate goals.

• Strong leadership in team and project management.

His addition to the board is seen as a significant move that could enhance strategic perspectives within the company’s management framework.

Disclosure on Relationship and Regulatory Clean Record

In compliance with SEBI's disclosure norms, it has been officially confirmed that:

• Mr. Pratikkumar Patel is not related to any of the current board members or directors of the company.

• As per BSE Circular No. LIST/COMP/14/2018-19, Mr. Patel is not debarred by SEBI or any other regulatory authority from holding the position of Director.

This declaration ensures the appointment stands on clean governance grounds and enhances stakeholder trust in board-level decisions.

Compliance with SEBI Regulations

This entire development has been made in accordance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The regulation outlines the need to disclose:

• Material events such as appointments, resignations, or changes in the board.

• Updates based on the SEBI circulars dated September 09, 2015, and July 13, 2023.

The disclosure has been submitted in the format prescribed by Annexure I, which covers:

• Reason for the change

• Date and tenure of the appointment

• Profile and experience

• Relationship with other directors

• Regulatory declarations

Governance and Strategic Impact

The addition of Mr. Patel to the board is expected to:

• Strengthen the company’s board composition, bringing in more diversity and industry insight.

• Help in long-term decision-making around company expansion, product line diversification, or financial structuring.

• Enhance investor confidence as governance becomes more transparent and proactive.

For a company like Godha Cabcon & Insulation Limited, whose core operations lie in manufacturing and infrastructure-related products, a director with a pharma background also opens cross-industry perspectives that can be valuable in today’s interconnected market economy.

Registered Details of the Company

• Company Name: Godha Cabcon & Insulation Limited

• CIN: L62090MP2016PLC041592

• ISIN: INE925Y01036

• Stock Symbol: GODHA

• Listing Exchange: NSE

The formal filing was submitted to the National Stock Exchange of India Limited, headquartered at Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400051.

Final Statement from the Company

Tathagata Sarkar, Director of the company (DIN: 08601775), signed off on the disclosure, emphasizing that the appointment complies with all applicable SEBI rules and regulations.

The communication concluded with a note requesting the NSE to treat this as compliance under the relevant SEBI provisions and to update their records accordingly.

Conclusion

With the formal appointment of Mr. Pratikkumar Patel as Additional Non-Executive Non-Independent Director, Godha Cabcon & Insulation Limited continues its trajectory of corporate strengthening and compliance.

This move not only satisfies SEBI’s LODR Regulations but also showcases the company’s focus on growth, innovation, and governance. Stakeholders and investors will likely view this update as positive reinforcement of the company’s long-term strategy and operational maturity.

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