Key Action and Dates
The Board of Directors of Share Samadhan Limited (Scrip Code: 544251, Scrip ID: SSL) re-appointed Mr. Abhay Kumar Chandalia (DIN: 01775323) as Director through a board meeting held on August 27, 2026. This re-appointment is subject to approval by shareholders at the ensuing Annual General Meeting for the financial year ended March 31, 2026.
Director Profile and Qualifications
Mr. Abhay Kumar Chandalia is a professional with diversified skillsets and holds the qualifications of FCA, FCS, LLB, MBA, and M.com. He co-founded the Share Samadhan group after 15 years of corporate association with prominent groups including KK Birla, L N Mittal Group, and Nikhil Gandhi promoted SKIL and Pipavav Defence, as well as Elin Group.
Regulatory Compliance and Relationships
The company confirmed that Mr. Chandalia satisfies all criteria prescribed under the Companies Act, 2013 and SEBI listing regulations. He is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority. There are no disclosed relationships between directors.
Additional Regulatory References
The disclosure references SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 and BSE Circular no. LIST/COMP/14/2018-19 dated June 20, 2018.
Reason for Change
The reason for change is retirement by rotation at the ensuing Annual General Meeting, with Mr. Chandalia wishing to be considered for re-appointment.