Siddha Ventures Limited has made a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the appointment of an Independent Director.
Board Action
The Board of Directors approved the appointment at its meeting held on 3rd September 2026. The appointment was based on the recommendation of the Nomination and Remuneration Committee.
Appointment Terms and Conditions
The appointment is subject to approval by shareholders at the ensuing Annual General Meeting (AGM). The term is for five years, effective from the conclusion of the upcoming AGM until the conclusion of the 40th Annual General Meeting for the financial year ending 31st March 2031.
Effective Date
The appointment will take effect from 28th September 2026, which is the date of the Annual General Meeting where shareholder approval will be sought.
Director Profile
Ms. Chaitali Paul is an Indian citizen who holds a Bachelor's degree in Commerce.