Bhagwati Autocast Limited has submitted a regulatory disclosure to BSE Limited regarding changes in its directorate, specifically prepared under SEBI Listing Regulations Regulation 30(6) read with Schedule III.
The Board of Directors, at their meeting held on Wednesday, 22nd July 2026, approved the re-appointment of Mr. Shantanu Chitranjan Mehta (DIN: 08930872) as a non-executive independent director. This approval was based on the recommendations of the Nomination and Remuneration Committee. The reappointment is for a second term of five consecutive years, commencing from 23rd September, 2026, to 22nd September, 2031 (both days inclusive). His position is not liable to retire by rotation. This decision is subject to the approval of the company's members at the ensuing 44th Annual General Meeting.
The board meeting commenced at 04:30 p.m. IST and concluded at 5:50 p.m. IST.
Annexure I provides the detailed information required under the regulations. Mr. Mehta has 22 years of industry experience and 18 years of academics experience teaching postgraduate courses in business management. His expertise includes Accounting & Control, Financial management, Financial services and Markets, Investment and Portfolio Management, and Investment banking. His professional background includes work with GSFC, UTI, Symphony, an NSE stockbroker, and a merchant banker. He currently serves as an Adjunct Professor at the Institute of Management, Nirma University, and is a visiting faculty at IIM Rohtak. He has previously been a faculty member at IIM Nagpur, MICA Ahmedabad, IIM Ahmedabad, and SP JAIN Mumbai. He has also served as Dean at IOC and Professor at IOM in Nirma University, Ahmedabad, Professor at St. KIPS, Ahmedabad, and faculty at SLIMS, Ahmedabad. He has completed assignments and conducted training programs for numerous companies including Nirma Ltd, ONGC, BALCO, ZydusCadila, Inspiron, Adani Port, IntasPharma, and Johnson Hitachi. He is a member of the Investors' Grievances Resolution Panel (IGRP) for the western region, appointed by the National Stock Exchange.
It is confirmed that Mr. Shantanu Chitranjan Mehta is not debarred from holding the office of director by virtue of any SEBI order or any other authority.
This intimation has been uploaded to the company website at www.bhagwati.com.
The letter was signed by Reena P. Bhagwati, Managing Director (DIN: 00096280), on behalf of Bhagwati Autocast Limited.