Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting - Director Appointments
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
The Board approved the following director appointments subject to shareholder approval:
- Mr. Navjeet Singh Sobti (DIN: 00008393) as Independent Director for 5 consecutive years from 1st September, 2026 to 31st August, 2031. Not liable to retire by rotation.
- Mr. Amardeep Jain (DIN: 11172624) as Whole-time Director for 5 consecutive years from 1st September, 2026 to 31st August, 2031. Liable to retire by rotation.
The company will conduct a postal ballot process to seek shareholder consent for both appointments.
Other Significant Information:
Mr. Navjeet Singh Sobti's Profile: Fellow Member of the Institute of Chartered Accountants of India. Accomplished business leader with extensive experience in business development, start-ups, joint ventures, mergers and acquisitions. Expertise in implementing business strategies, operational enhancement advisory services, corporate restructuring, and development of operational and financial solutions.
Mr. Amardeep Jain's Profile: Chemical Engineer from IIT Delhi with 20 years' experience in the paint and process industry. Has worked with leading paint companies and other corporates in India. Demonstrated excellence in large-scale manufacturing process optimization, strategic project execution, and organization building. Previously served as Plant Head and Associate General Manager - Manufacturing at one of the largest plants of a leading paint manufacturing company in India.