Re-appointment of M/s. Incorp Advisory Services Private Limited, Chartered Accountants as Internal Auditor of the Company to conduct the Internal Audit for the Financial Year 2026-27. Appointment ....

Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai- 400001 Scrip Code : 540078 Sub: Outcome of Board meeting held on August 14, 2026 Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Ma’am, Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, we wish to inform your good office that the Board of Directors of the Company in their meeting held today, Friday, August 14, 2026 has inter alia, approved the following items: 1. Standalone Unaudited Financial Results of the Company for the Quarter ended June 30, 2026 along with Limited Review Report. A copy of the Unaudited Financial Results for quarter ended June 30, 2026 along with the Limited Review Report thereon in terms of Regulation 33 of Listing Regulations is enclosed herewith. 2. Issuance of upto 10,00,000 (Ten Lakhs) warrants each convertible into, or exchangeable for, one equity shares within the period of 18 (eighteen months) in accordance with the applicable law (“Warrants”) at a price of Rs. 151/- (Rupees One Hundred and Fifty One Only) (“Warrant Issue Price”) each (including the warrant subscription price and the warrant exercise price) aggregating upto Rs. 15,10,00,000 (Rupees Fifteen Crores Ten Lakhs Only) to the specified Promoters & Non-promoter shareholders (as listed in “Annexure – A” herein) (“Proposed Warrant Allottee" or "Warrant Holder) by way of preferential issue in accordance with the provisions of Section 42 and Section 62(1)(c) of the Companies Act, 2013, as amended ("Act") read with Companies (Prospectus and Allotment of Securities) Rules, 2014, as amended ('Rules"), Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”), SEBI Listing Regulations and such other acts / rules / regulations as maybe applicable and subject to necessary approval of the members of the Company and other regulatory authorities including BSE Limited, or such other authority as maybe applicable (“Warrants Issue”). Upon issuance of Warrants an amount of Rs. 37.75 (Rupees Thirty Seven and Seventy Fifty Paise Only) for each Warrants shall be payable by the Warrant Holders upfront at the time of subscription and allotment of each Warrant (“Warrants Subscription Price”) and entitling the Warrant Holder(s) to apply for and get allotted one Equity Share of the Company against every Warrant held, in one or more tranches within a maximum period of 18 (Eighteen) months from the date of allotment of Warrants, on payment of balance Rs. 113.25 (Rupees One Hundred and Thirteen and Twenty Five Paise Only) which is equivalent to remaining 75% (Seventy-Five per cent) of the Warrant Issue Price, for each Warrant proposed to be converted, in such manner and upon such terms and conditions as may be deemed appropriate by the Board in accordance with the terms of this issue, provisions of ICDR Regulations, or other applicable laws in this respect. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given in Annexure A & B. 3. Re-appointment of M/s. InCorp Advisory Services Private Limited, Chartered Accountants as an Internal Auditor of the Company, to conduct the Internal Audit for the Financial Year 2026-27, based on the recommendation of the Audit Committee. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given in Annexure C. 4. Appointment of Ms. Drishti Shailesh Thakker (DIN:11888392) as Additional Director (Non-Executive, Independent) of the Company w.e.f. August 14, 2026 for a term of five consecutive years, subject to approval of members of the Company at the ensuing general meeting. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given in Annexure D. 5. To seek the requisite approvals of the members of the Company for, inter alia, the aforementioned matters, the Board has also approved the draft notice for convening an Extra-Ordinary General Meeting (“EGM”) of the Company. The EGM is scheduled to be held on Wednesday, September 9, 2026, at 2:30 PM (IST) through Video Conferencing or Other Audio-Visual Means. The meeting commenced at 04.30 PM and concluded at 07.00 P.M. This is for your information and records. Thanking you, Yours sincerely, FOR MITSU CHEM PLAST LIMITED GARGI SAWANT COMPANY SECRETARY & COMPLIANCE OFFICER Annexure A Sr. Particulars Details/Disclosures 1. Type of securities proposed to be issued Convertible Warrants (viz. equity shares, convertibles etc.) 2. Type of issuance (further public Preferential Issue offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3. Total number of securities proposed to 10,00,000 be issued or the total amount for which the securities will be issued (approximately) 4. Names of the investors As per Annexure B 5. Post allotment of securities - outcome of At present there is no requirement for the subscription, issue price / allotted any disclosure under this point. price (in case of convertibles), number of However, the same will be intimated investors; Note: Considering warrants post allotment of convertible on fully diluted basis warrants. 6. Issue price / allotted price (in case of The Convertible Warrants have been convertibles) allotted at a price Rs. 151/- each 7. Number of investors As per Annexure B 8. In case of convertibles -intimation on At present there is no requirement for conversion of securities or on lapse of any disclosure under this point. the tenure of the instrument; However, the same will be intimated upon receipt of request for conversion of warrants. The warrants are having a validity of 18 months from the date of the allotment and any relevant occurrences during this time frame relevant disclosures under this point will be disseminated to the exchange. Annexure – B Sr. Name of Investor Category No. of Amount Type of No. Securities Securities 1. Manish Mavji Dedhia Promoter 4,75,000 7,17,25,000 Convertible Warrants 2. Sanjay Mavji Dedhia Promoter 3,25,000 4,90,75,000 Convertible Warrants 3. Rikhav Securities Non- 2,00,000 3,02,00,000 Convertible Limited Promoter Warrants Annexure – C Sr. Particulars Description a) Reason for change viz. appointment, Re-appointment of M/s. InCorp Advisory Services re-appointment, resignation, Private Limited as Internal Auditors of the Company removal, death or otherwise; b) Date of appointment/re- M/s. InCorp Advisory Services Private Limited re- appointment/cessation (as appointed as Internal Auditors of the Company for applicable) & term of the Financial Year 2026-27. appointment/re-appointment; c) Brief profile Founded in 2019, InCorp India operates as part of the InCorp Global Group, a leading corporate service provider headquartered in Singapore. It’s global team comprises of over 1500 professionals across a wide network of strategic locations including Singapore, Australia, Hong Kong, India, Indonesia, Malaysia, Philippines and Vietnam. At InCorp India, they assist clients in navigating challenges by offering a full range of corporate services such as India Entry, Risk Assurance, Debt & Equity Funding, GIFT City Services, ESG & Sustainability, Taxation, Business Advisory, Outsourcing and Corporate Recovery. InCorp India is headquartered in Mumbai and employs between 200 and 500 pro [Showing first 8,000 characters — download PDF for full document]