Key Decisions and Approvals

Re-appointment of Independent Director:

  • The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee and via a resolution passed by circulation on Monday, June 22, 2026, approved the re-appointment of Sh. Rajinder Kumar Gupta (DIN: 09212540) as a Non-Executive Independent Director.
  • This is for a second term of five consecutive years, commencing from June 23, 2026, and ending on June 22, 2031.
  • The appointment is subject to the approval of the company's shareholders, which must be obtained within three months from the date of the board resolution (by September 22, 2026).

Reconstitution of Board Committees:

The Board approved the immediate reconstitution of the following committees:

1. Audit Committee

  • Chairman: Subodh Gupta (Independent Director)
  • Member: Rajinder Kumar Gupta (Independent Director)
  • Member: Navrattan Munjal

2. Stakeholders Relationship Committee

  • Chairman: Rajinder Kumar Gupta (Independent Director)
  • Member: Navrattan Munjal
  • Member: Neerja Chathley (Independent Director)

3. Risk Management Committee

  • Chairman: Subodh Gupta (Independent Director)
  • Member: Navrattan Munjal
  • Member: Rajinder Kumar Gupta (Independent Director)

4. Sub-Committee of Board

  • Chairman: Navrattan Munjal
  • Member: Himanshu Jain
  • Member: Neerja Chathley (Independent Director)
  • Member: Subodh Gupta (Independent Director)

Director Profile and Disclosures

Brief Profile of Rajinder Kumar Gupta:

  • He is a retired Additional Commissioner of Income Tax with over 35 years of service in the Income Tax Department.
  • His experience includes key positions in tax assessment, investigations, administration, and legal matters, with expertise in direct tax laws, regulatory compliance, departmental administration, and litigation.
  • He holds a Bachelor of Science (B.Sc.) degree specializing in Botany, Zoology, and Chemistry and is a Law Graduate from Panjab University.
  • Post-retirement, he has been practicing as an Advocate and is associated with the Punjab and Haryana High Court.

Other Disclosures:

  • It is confirmed that Sh. Rajinder Kumar Gupta is not related to any other director of the company.
  • Information required pursuant to BSE Circular no. LIST/COMP/14/2018-19 and NSE Circular No. NSE/CMU2018/24 dated June 20, 2018, was deemed "Not Applicable."

Regulatory and Administrative Details

  • Reference: The disclosure is made per SEBI Master Circular No. HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30, 2026.
  • The full annexure and this disclosure are available on the company's website at www.indswiftgroup.com.