Intimation under regulation 30 for appointment of new CEO, Resignation

Date: October 28, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400001 MH IN Scrip Code: 523732 Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Resignation of Mr. Rama Krishna Raju Gottumukkala from the Position of CEO, Appointment of Mr. Venkatraman Krishnamurthi as the CEO and Temporary Suspension of Production of Particle Board Build Division (“Eco Build”) Dear Sir/Ma’am, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Board of Directors of Ecoboard Industries Limited, at its meeting held on October 28, 2026, considered and approved the following changes in the executive management of the Company: 1. Resignation from the Position of CEO: Mr. Rama Krishna Raju Gottumukkala has tendered his resignation from the position of Chief Executive Officer (CEO) of the Company with effect from the close of business hours on October 28, 2026. Mr. Rama Krishna Raju Gottumukkala will continue to serve the Company as Managing Director (MD) and as a member of the Board of Directors. His resignation is limited to his position as CEO, and he will continue to contribute to the Company’s strategic direction and long-term growth in his capacity as Managing Director. The change is being undertaken in furtherance of the Company’s growth objectives, evolving business requirements and long-term strategic priorities. The Company intends to strengthen its executive management structure by appointing a new CEO to focus on day-to-day executive management and operational execution, while Mr. Rama Krishna Raju Gottumukkala continues to provide strategic leadership as Managing Director. Mr. Rama Krishna Raju Gottumukkala has expressed his commitment to supporting the Company’s strategic objectives and extending his full cooperation to ensure a smooth and orderly transition of CEO responsibilities. 2. Appointment of Mr. Venkatraman Krishnamurthi as CEO: The Board of Directors of Ecoboard Industries Limited, at its meeting held on October 28, 2026, has considered and approved the appointment of Mr. Venkatraman Krishnamurthi as the Chief Executive Officer (CEO) of the Company with effect from October 28, 2026 The appointment is intended to strengthen the Company’s executive management structure, enhance operational efficiency and support the Company’s business expansion and long-term growth objectives. 3. Temporary Suspension of Operations of Particle Board Build Division (“Eco Build”) for a Period of One (1) Year: The Board of Directors of Ecoboard Industries Limited, at its meeting held on October 28, 2026, considered and approved a proposal to observe temporary suspension of manufacturing operations at the Company’s Particle Board Build Division (“Eco Build”) for a period of one (1) year with immediate effect. This temporary suspension has been necessitated due to non-availability of raw material and non-viability of project of Ecobuild Division. During this 1-year temporary suspension, the management will focus on assessing strategic options for restructuring, revamping, and optimizing the operations of the Division. Simultaneously, the Company will reallocate financial, technical, and managerial resources towards the expansion of its Energy Division (“Eco Energy”), which presents strategic business opportunities in effluent treatment plant (ETP) services and compressed biogas (CBG) plant execution activities. The Company shall keep the Stock Exchange updated on any material developments regarding the resumption or restructuring of operations of the Eco Build Division in accordance with Regulation 30 of the SEBI Listing Regulations. The requisite disclosures relating to (i) the resignation of Mr. Rama Krishna Raju Gottumukkala from the position of Chief Executive Officer (CEO), (ii) the appointment of Mr. Venkatraman Krishnamurthi as CEO, and (iii) the proposed discontinuation of the Company’s Particle Board Build Division (“Eco Build”), are provided in Annexures I and II, respectively, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereto and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The meeting of the Board of Directors commenced at 03:31 P.M. and concluded at 04:05 P.M. on October 28, 2026. You are requested to take the above information on record. Thanking you, Yours faithfully, For, Ecoboard Industries Limited Praveen Kumar Raju Gottumukkala Whole Time Director and CFO DIN: 05180152 Annexure I The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Disclosure 1. Reason for change viz., Mr. Rama Krishna Raju Gottumukkala has tendered appointment, resignation, his resignation from the position of Chief Executive removal, death or otherwise Officer (CEO) to facilitate the appointment of a new CEO in furtherance of the Company’s growth objectives and to strengthen its executive management structure. He will continue to serve as Managing Director (MD) and as a member of the Board of Directors. 2. Date of appointment/re- October 28, 2026 appointment/cessation (as applicable) & term of appointment/re- appointment 3. Brief profile (in case of Not Applicable appointment) 4. Disclosure of relationships Not Applicable between directors (in case of appointment of a director) Sr. Particulars Disclosure 1. Reason for change viz., Appointment of Mr. Venkatraman Krishnamurthi as appointment, resignation, Chief Executive Officer (CEO) to strengthen the removal, death or otherwise Company’s executive management structure, improve operational execution and support its business expansion and long-term growth objectives. 2. Date of appointment/re- October 28, 2026 appointment/cessation (as applicable) & term of appointment/re- appointment 3. Brief profile (in case of Mr. Venkatraman Krishnamurthi is an experienced appointment) business leader with extensive experience in executive management, strategic planning, manufacturing operations, business restructuring and financial turnaround. He has served in senior leadership positions, including Managing Director of Automobile Corporation of Goa Limited (ACGL) and CEO of Automotive Stampings and Assemblies Limited (ASAL), MG Auto and Kapsons Industries. During his professional career, he has led business turnaround initiatives, improved profitability, implemented cost optimisation measures and driven operational efficiency and business growth. During his tenure at Tata Motors, he led manufacturing operations and contributed to vehicle development, productivity improvement, safety initiatives and organisational leadership. His experience spans business strategy, financial performance improvement, sales and marketing, leadership development, stakeholder relations and change management. 4. Disclosure of relationships Not Applicable between directors (in case of appointment of a director) Annexure II Sr. Particulars Disclosures 1. date of such binding Not Applicable, as the proposed closure of agreement, if any, entered for the Particle Board Build Division (“Eco Build”) sale of such unit/division, if does not involve any sale of the Division and any; no binding agreement for sale has been entered into as on the date of this disclosure. 2. amount & percentage of Turnover of FY 2025-26: 1533.17 Lakhs turnover or revenue or income Percentage of Turnover: 64.14 and net worth of the listed Net worth: 914.31 Lakhs entity contributed by such unit or division during the last financial year; 3. date of temporary suspension The proposed suspension is under or estimated time of closure; consideration of the Board of Directors as on October 28, 2026. 4. re [Showing first 8,000 characters — download PDF for full document]