Nature of change: Appointment of Ms Rashmi Joshi (DIN: 06641898) as an additional and independent director of the Company.
Term: For a period of 5 years with effect from 27th October 2026 to 26th October 2031 (both days inclusive).
Approval Status: Subject to approval of the shareholders of the Company.
Profile: Ms Rashmi Joshi is a qualified Chartered Accountant and Company Secretary with over three decades of experience across multinational organizations in FMCG, consumer durables, pharmaceuticals, and lubricants sectors. She has held leadership positions in India, the Asia-Pacific region and the Middle East, including regional and global roles. Her experience includes corporate governance, risk management, financial strategy, and board governance.
Previous Roles: She previously served as Executive Director & Chief Financial Officer of Castrol India Limited and on the boards of Godrej Industries Limited, Thirdware Solution Limited, and Castrol Philippines.
Current Directorships: She currently serves on the boards of GE Vernova T&D India Limited, Bharat Forge Limited, Vesuvius India Limited, Orkla India Limited, Rallis India Limited, Elevate Campuses Limited, Rhea Healthcare Private Limited, and Ciel Textile Limited, Mauritius.
Relationship Disclosure: There are no disclosed relationships between directors.
Eligibility Confirmation: Ms Rashmi Joshi is not debarred from holding the office of a director by virtue of any SEBI order or order of any other such authority, as per BSE circular LIST/COMP/14/2018-19 and NSE circular NSE/CML/2018/24.
Board Meeting Details
Meeting Date: 27th October 2026
Timing: Commenced at 10:00 a.m. (IST) and concluded at 01:30 p.m. (IST)
Regulatory Compliance: Disclosure made pursuant to 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 30th January 2026.
