The Board of Directors approved these changes at its meeting held on Tuesday, 03rd November, 2026. The two key actions were:

  • Constitution of a new Borrowing Committee
  • Reconstitution of three existing committees: Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee

The complete composition of all committees as approved by the Board is as follows:

Audit Committee

  • Mr. Rajiv Kumar Singh (Non-Executive Independent Director) - Chairperson
  • Mr. Sundaram Balasubramanian (Non-Executive Independent Director) - Member
  • Ms. Sarika Marwaha (Non-Executive Independent Director) - Member
  • Mr. Aditya Jindal (Executive Director) - Member

Nomination and Remuneration Committee

  • Mr. Sundaram Balasubramanian (Non-Executive Independent Director) - Chairperson
  • Mr. Rajiv Kumar Singh (Non-Executive Independent Director) - Member
  • Ms. Sarika Marwaha (Non-Executive Independent Director) - Member
  • Mr. Aditya Jindal (Executive Director) - Member

Stakeholders Relationship Committee

  • Ms. Sarika Marwaha (Non-Executive Independent Director) - Chairperson
  • Mr. Rajiv Kumar Singh (Non-Executive Independent Director) - Member
  • Mr. Sundaram Balasubramanian (Non-Executive Independent Director) - Member
  • Mr. Aditya Jindal (Executive Director) - Member

Borrowing Committee

  • Mr. Aditya Jindal (Executive Director) - Chairperson
  • Mr. Rajiv Kumar Singh (Non-Executive Independent Director) - Member
  • Mr. Sundaram Balasubramanian (Non-Executive Independent Director) - Member

The company confirmed that this information will be made available on its website at www.machino.com. The disclosure was digitally signed by Aditya Jindal, Chairman cum Managing Director, on November 3, 2026, at 13:38:14 IST.

Financial Impact

No financial impact quantified in the disclosure. This is a governance structure change without immediate financial implications.