Board Meeting Details

The Board of Directors meeting was held on Friday, September 04, 2026. The meeting commenced at 5:00 p.m. and concluded at 5:40 p.m.

Appointment of Independent Director

  • Mr. Kishor Jhunjhunwala (DIN: 00035091) has been appointed as an Additional Non-Executive Independent Director of the company.
  • Appointment effective from September 4, 2026.
  • Term of appointment: 5 years, subject to approval of shareholders at the ensuing Annual General Meeting.
  • Specifically appointed from September 4, 2026, to September 3, 2031.
  • Appointment was made on the recommendation of the Nomination & Remuneration Committee.
  • Mr. Jhunjhunwala is a qualified Chartered Accountant with wide experience in the field of Account, Finance and Management.
  • He is not related to any Director of the company as defined under Section 2(77) of Companies Act, 2013.
  • He satisfies the criteria of independence prescribed under Companies Act, 2013 and SEBI LODR Regulations, 2015.
  • Confirmed that he is not debarred from holding the office of Director by virtue of any SEBI or other authority order.

Resignation of Independent Director

  • Mr. Vivek Chaudhary (DIN: 08396579) has resigned from the position of Independent Director.
  • Resignation effective from the close of business hours on September 4, 2026.
  • Reason for resignation: Pre-occupation elsewhere.
  • Resignation letter dated 3rd September, 2026.
  • Mr. Chaudhary confirmed there are no material reasons for resignation other than those mentioned in his resignation letter.
  • He confirmed no other circumstances require disclosure to shareholders, stock exchange, or regulators.

Committee Memberships Impact

Due to the resignation of Mr. Vivek Chaudhary:

  • He ceases to be a member of Audit Committee
  • He ceases to be a member of Stakeholder & Relationship Committee
  • He ceases to be a member of Nomination & Remuneration Committee

The board has initiated reconstitution of various committees due to appointment of new non-executive non-independent and non-executive independent directors.

Submission Details

  • BSE Acknowledgement Number: 14133234
  • Date and Time of Submission: 9/3/2026 7:13:45 PM
  • Subject: Announcement under Regulation 30 (LODR)-Resignation of Director
  • Submitted By: Shyam Kumar Rathi, Compliance Officer