In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of Smiths & Founders (India) Limited held a meeting on Monday, 29th June 2026 at the Registered Office of the Company at #505, 5th Floor, Brigade Rubix, No.20, HMT Main Road, Bangalore 560013 Karnataka.

The Board inter alia approved/passed the following resolutions:

1. Continuation of Chairman and Managing Director

  • Director Details: Mr. Suresh Shastry (DIN: 01099554), Date of Birth: 12-11-1956
  • Designation: Chairman and Managing Director
  • Reason for Continuation: Approval for continuation of appointment upon attaining the age of 70, considering his vast experience & leadership
  • Qualifications: Advanced Diploma in Forge Technology from the National Institute of Foundry & Forge Technology, Ranchi
  • Experience: Over 46 years of experience in the forging industry
  • Terms of Appointment: Subject to shareholders approval at the ensuing Annual General Meeting (AGM) to be held on 24th July 2026
  • Current Term Effective Date: 01 April 2022
  • Shareholding: 2,92,06,953 shares as on 31st March 2026
  • Relationship Disclosure: Husband of Mrs. Shailaja Suresh
  • Compliance Status: Not debarred from holding the office of Director by virtue of any SEBI Order or any other authority

2. Alteration of Memorandum of Association

  • The Board approved the alteration of the Object Clause of the Memorandum of Association
  • A new sub-clause 3(B)(43) is inserted after the existing Clause 3(B)(42)
  • New Clause Text: "To enter into, undertake, implement, give effect to and participate in any arrangement, compromise, reconstruction, merger, demerger, amalgamation, absorption, acquisition, takeover, consolidation or any other form of corporate restructuring with any company, body corporate or other entity, whether in India or abroad, in accordance with the applicable laws and regulations."
  • Subsequent clauses are to be renumbered accordingly

3. Annual General Meeting

  • The 35th Annual General Meeting of the company shall be held on 24th July 2026 at 10:00 A.M.
  • The meeting will be conducted through Video Conferencing