Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby infirm that the Board in its meeting held today i.e. 08.08.2025 have approved the matter as mentioned in the enclosed intimation.
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Indokem's board, meeting on 8 August 2025, approved four items. First, the re-appointment of Mrs. Asha M. Khatau as Non-Executive Director under the rotation rule — she is the wife of CMD Mahendra K. Khatau and mother of Whole-time Director Manish M. Khatau, making this a continuation of promoter family representation on the board. Second, appointment of M/s. Mayur More & Associates as Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30. Third, appointment of M/s. Y. S. Gokhale & Associates as Cost Auditor for FY 2025-26. Fourth and most material, the company is entering a new line of business in digital textile printing technology through a Strategic Marketing Partnership with Coimbatore-based RDX Digital Technologies, with an initial investment of ₹1.20 crore to procure machines and inventory for the new vertical.
The digital textile printing foray with an initial ₹1.20 crore outlay opens a new revenue stream in a growth-oriented segment and diversifies the business away from its existing operations. The auditor appointments are routine compliance matters, and the Khatau family member's re-appointment keeps promoter control intact — neutral for minority shareholders on its own, but worth watching alongside the diversification plan.