Garware Hi-Tech Films Ltd

Garware Hi-Tech Films Ltd has informed shareholders about the impending transfer of unclaimed dividends and corresponding shares to the Investor Education and Protection Fund (IEPF). This action is mandated by Section 124(6) of the Companies Act, 2013, for dividends unpaid for seven consecutive years, starting from FY 2018-19. Shareholders who have not encashed dividend warrants for this period are urged to claim their unpaid dividends by August 30, 2026. After this date, the unclaimed amounts and shares will be transferred to the IEPF. The company has provided contact details for its Registrar and Transfer Agent, MUFG Intime India Private Limited, for any claims or clarifications. Shareholders can later claim their shares from the IEPF by filing the prescribed e-form IEPF-5.

Garware Hi-Tech Films Ltd has announced the sudden and untimely demise of Mrs. Sarita Garware Ramsay, Joint Managing Director, on July 09, 2026. Mrs. Ramsay had been a key figure in the company since 2002, contributing significantly with her wisdom and experience. The company's Board of Directors and employees have expressed their deep sorrow and condolences to her bereaved family, recognizing her passing as an irreparable loss. The filing provides details as required by SEBI regulations regarding this management change.

Garware Hi-Tech Films Ltd has announced the closure of its trading window for designated persons, their immediate relatives, and connected persons. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will remain shut from June 26, 2026, until 48 hours after the declaration of the Un-Audited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The company will communicate the date of the Board Meeting to consider these results in due course.

Garware Hi-Tech Films Ltd announced the appointment of Ms. Sonali Rajesh Mehta as a Non-Executive Independent Director. The appointment was approved by the company's members via special resolution through postal ballot/e-voting on June 23, 2026, and is effective from June 25, 2026, for a term of one year. Ms. Mehta is a law and commerce graduate with over a decade of experience in dispute resolution, specializing in arbitration, commercial litigation, and insolvency. She is currently an Associate Partner at Desai & Diwanji, Mumbai. The company confirmed that Ms. Mehta is not debarred or disqualified by any regulatory authority from holding such a position and is not related to any existing directors or key managerial personnel.

Garware Hi-Tech Films Ltd announced the re-appointment of Ms. Monika Garware as Vice-Chairperson and Joint Managing Director. The appointment is for a period of five years, effective from November 1, 2026, to October 31, 2031. This re-appointment was approved by the company's members via special resolution through postal ballot/e-voting. Ms. Garware, who holds a MBA from Pace University, has been associated with the company as a Director since March 31, 1989, and currently handles overall business affairs. She is confirmed to be in good standing with regulatory authorities, not being debarred or disqualified from holding a directorial position.

Garware Hi-Tech Films Limited has received final findings from the Directorate General of Trade Remedies (DGTR) recommending the imposition of anti-dumping duty on imports of "Thermoplastic Polyurethane (TPU) based surface/Paint Protection Film" originating from the People's Republic of China. The DGTR's recommendation is to impose a duty equal to the lesser of the margin of dumping and the margin of injury to protect the domestic industry. As a manufacturer of TPU-based PPF, Garware Hi-Tech Films is expected to benefit from this measure. The final notification is pending from the Central Government.

Garware Hi-Tech Films Ltd has incorporated a wholly-owned subsidiary named “Garware Hi Tech Global Trading FZCO” in Dubai Airport Free Zone Authority, Dubai, UAE. The company received the Certificate of Formation/Incorporation and Trading license on May 21, 2026. The subsidiary's initial paid-up share capital is AED 2,000,000 divided into 400,000 shares of AED 5 each, fully subscribed in cash. The new entity will focus on buying and selling films, ceramic coatings, and PPF to MENA and exporting to other regions.

Garware Hi-Tech Films Ltd announces the resignation of Mr. Abhishek Agrwal from the position of Chief Financial Officer (CFO), effective May 15, 2026. Consequently, he will no longer be an Authorised Person under Regulation 30(5) of SEBI Listing Regulations. Mr. Uday V. Joshi (Whole Time Director) and Mr. Awaneesh Srivastava (Company Secretary & Compliance Officer) will continue as Authorised Persons for determining the materiality of events and disclosures to Stock Exchanges.

Garware Hi-Tech Films Ltd announced the resignation of Mr. Abhishek Agarwal as Chief Financial Officer (CFO) effective May 15, 2026. Mr. Agarwal is leaving to pursue career opportunities outside the company. Consequently, he will cease to be a Key Managerial Personnel (KMP) and a member of the Risk Management Committee. The company will inform the stock exchanges about the appointment of a new CFO in due course.

Abhishek Agarwal has resigned from his position as Chief Financial Officer (CFO) of Garware Hi-Tech Films Ltd, effective May 15, 2026, to pursue career opportunities outside the company. He will also cease to be a Key Managerial Personnel (KMP) and a member of the Risk Management Committee. The company will announce the appointment of a new CFO in due course.