Sinnar Bidi Udyog Limited has made a regulatory disclosure regarding the appointment of a new Independent Director to its Board.
Board Decision and Effective Date
The Board of Directors, at their meeting held on 14th August 2026, appointed Mr. Sachin Jagdish Laddha (DIN: 11879047) as an Additional Director in the category of Non-Executive Independent Director of the Company, with effect from 14th August 2026.
Approval Process
The appointment was made as per the recommendation of the Nomination and Remuneration Committee and is subject to approval of the shareholders at the ensuing Annual General Meeting.
Director Term Details
Mr. Sachin Jagdish Laddha will hold office as Additional Director till the ensuing Annual General Meeting. The Board of Directors proposes his appointment as a Non-Executive Independent Director for a term of five (5) consecutive years with effect from the date of appointment, subject to shareholder approval.
Director Profile and Qualifications
Mr. Sachin Jagdish Laddha is a Diploma Mechanical Engineer with over 23 years of corporate experience and is an AMFI-registered Mutual Fund Distributor.
Director Relationships
Mr. Laddha is not related to any of the Directors of the Company.
Regulatory Compliance Status
Mr. Sachin Jagdish Laddha is not debarred from holding the office of Director by virtue of any SEBI Order or any such authority.