APPOINTMENT OF MR. AMIT JAYANTILAL SHAH AS AN ADDITIONAL INDEPENDENT DIRECTOR OF THE COMPANY
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The Board of Directors of Polymechplast Machines Ltd, at its meeting held on 7th August 2025, approved the appointment of Mr. Amit Jayantilal Shah (DIN: 10578730) as an Additional Director and Non-Executive Independent Director of the company. He will hold office for a 5-year tenure commencing 7th August 2025, subject to shareholder approval at the next Annual General Meeting. Mr. Shah holds a Bachelor's degree in Instrumentation and Controls Engineering and brings over 20 years of experience as Founder and CEO of Nimit Electronics & Equipments, which serves more than 4,000 clients across India. The company confirmed he has no relationship with other directors and is not debarred by SEBI or any other authority.
This is a routine independent director appointment that strengthens the board's technical and business expertise. No direct material impact on shareholders or stock price is expected, though it adds experienced oversight to corporate governance.