BSECompany Update4 Aug 2026 · 4 Aug 2026, 01:19 pm

Intimation of Demise of Mr. Ashok Bhandari, Non-Executive Director

IFB Industries Ltd · 505726

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IFB Industries Ltd has announced the demise of Mr. Ashok Bhandari, a Non-Executive Director, on August 3, 2026. He ceased to be a Director on the Board and all other Committees of the Board of Directors of the Company from the aforesaid date. The Company has expressed condolences to his family.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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IFB Industries Ltd - 505726 - Announcement under Regulation 30 (LODR)-Demise

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4th August, 2026 The Manager The Manager Department of Corporate Services The National Stock Exchange of India Ltd. BSE Limited, Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No-C/1, G Block, Dalal Street, Bandra Kurla Complex Mumbai- 400001 Mumbai - 400051 NSE Symbol: IFBIND | BSE Scrip Code: 505726 Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) - Intimation of Demise of Mr. Ashok Bhandari, Non-Executive Director Dear Sir, Pursuant to Regulation 30 of the SEBI LODR, we regret to inform you about the sad and untimely demise of Mr. Ashok Bhandari (DIN: 00012210), Non-Executive Director of the Company, on 3rd August, 2026. Accordingly, he ceased to be a Director on the Board and on all other Committee(s) of the Board of Directors of the Company from the aforesaid date. Mr. Ashok Bhandari’s unexpected demise will be an irreparable loss to the Company. All the Directors and employees express condolences to his family. The detailed information under the SEBI LODR and SEBI Master Circular bearing No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 is attached herewith as “Annexure- A”. The same is also available on the Company’s website at www.ifbindustries.com. This is for your information and record. Yours Faithfully, For IFB INDUSTRIES LIMITED Ritesh Agarwal Company Secretary “Annexure- A” Detailed Information as required under Regulation 30 read with Schedule III of SEBI LODR and SEBI Master Circular bearing Ref. No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. Sl. Particulars Details 1 Reason for Change Demise of Mr. Ashok Bhandari (DIN: 00012210) 2 Date of Cessation 3rd August, 2026 3 Brief profile Not Applicable 4 Disclosure of relationships Not Applicable between directors