Nature of change: Appointment of three Part-Time Non-Official Directors (Independent Directors)
Appointees and DIN:
Shri Ankush Munjal (Date of Birth: Not specified)
Smt. Vandana Agarwal (Date of Birth: 06.07.1980)
Shri Pankaj Joshi (Date of Birth: 07.07.1968)
Effective date and tenure: 17th August 2026 for a period of 3 years or until further orders, whichever is earlier
Qualifications and experience:
Shri Pankaj Joshi: Graduate in Commerce (B.com) from Rajasthan University, Jaipur; Member of ICAI since 2007; 20 years professional experience in internal and statutory audit of private sector companies and public sector banks/financial institutions
Shri Ankush Munjal: Qualified Chartered Accountant and Advocate; 25+ years experience across Corporate Finance, Banking, Treasury, Regulatory Compliance, Taxation, Insolvency, Audit, Risk Management and Legal Advisory
Smt. Vandana Agarwal: Practicing Chartered Accountant with 22+ years experience; expertise in Statutory Audits, Tax Audits, Internal Audits, Stock Audits, TDS, Direct and Indirect Taxation (GST), Accounting, MCA & Corporate Compliance, Consulting, and Appeals
Compliance confirmation: All appointees are not debarred from holding office by virtue of any SEBI Order or any other authority
Approval authority: Appointment approved by Ministry of Defence, Department of Defence Production, Government of India vide Office Memorandum No. DDP-M0001(11)/3/2026-D(BDL) dated 17.08.2026
Regulatory basis: Appointment effective as per provisions of Companies Act, 2013 and pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 (As amended)
Any Other Material Information
Notification date: The company received the appointment letter from the Administrative Ministry (Ministry of Defence) on 18th August 2026
Communication reference: BDL/CS/2026/SE-39 dated 18/08/2026
Copy distribution: The appointment notification was copied to Under Secretary (PE) DoP&T, Ministry of Finance Department of Public Enterprises, All Existing Directors of BDL, and Registrar of Joint Stock Companies Hyderabad
