Summary of Key Information:

Nature of Filing / Announcement: Outcome of Board Meeting - Re-appointment of Directors under SEBI LODR Regulations

Corporate Actions:

The Board of Directors, upon recommendation of the Nomination & Remuneration Committee and subject to confirmation by members at the forthcoming Annual General Meeting, approved the following reappointments:

  • Mr. Shailesh B. Shirguppi (DIN: 008770042) as Whole Time Director (Works) for a period of 3 years with effect from July 1, 2026
  • Ms. Madhavi Kilachand (DIN: 00296504) as an Independent Director for a 2nd term of 5 years commencing from June 29, 2026

Director Profiles:

Mr. Shailesh B. Shirguppi:

  • Completed 35 years with the Company
  • Has handled various functions/departments including Research & Development (R&D), Customer Support Department (CSD), Technical Sales, Project Management, Machine Shop, Stores & Inventory, Industrial Engineering and Costing
  • Has handled installations and servicing of Manugraph sheetfed & web offset printing machines in domestic and international markets
  • Participated in various international and domestic printing exhibitions
  • Worked with Dauphin Graphic Machinery (DGM), USA and M/s C&C Carrarro, Italy for product development & technology transfer
  • Educational Qualifications: Bachelor in Engineering with Distinction from KIT's College of Engineering, Kolhapur; Completed one month Management Development program on 'Excellence in Manufacturing' from Indian Institute of Management (IIM), Ahmedabad

Ms. Madhavi Kilachand:

  • Educational Qualification: B.A. in Psychology and Literature from Mumbai University
  • Previously served as director in Kesar Group of Companies for several years, contributing to HR development and CSR
  • Instrumental in developing a primary school for underprivileged children at the group's manufacturing location Baheri, U.P.
  • Currently working as an art educator at the Cathedral & John Connon Infant School in Mumbai

Other Significant Information:

The reappointments were made based on the recommendation of the Nomination & Remuneration Committee.