Key Appointments Approved

The Board of Directors of Spice Islands Industries Limited passed a Circular Resolution on June 10, 2026, approving the following appointments:

1. Appointment of Dr. Huzaifa Habil Khorakiwala (DIN: 02191870)

  • Appointed as Additional Director (Non-Executive) and Non-Executive Chairman of the Company
  • Effective from June 10, 2026
  • Subject to approval of shareholders within the timeline prescribed under Regulation 17(1C) of SEBI LODR Regulations
  • Based on recommendation of the Nomination and Remuneration Committee

Profile Details: Dr. Huzaifa Habil Khorakiwala is described as a distinguished global humanitarian leader, philanthropist and corporate executive. He serves as Executive Director of Wockhardt Limited and CEO & Trustee of the Wockhardt Foundation. Under his leadership, the Wockhardt Foundation has expanded rural healthcare access through its flagship Mobile 1000 initiative delivering healthcare services across remote regions of India. He is also the Founder of the I Am Peacekeeper Movement, a global community dedicated to promoting peace and human values. Dr. Khorakiwala is an alumnus of Yale University School of Management and has received numerous international honours, including a Knighthood and several honorary doctorates for his contribution to humanitarian and social causes.

2. Appointment of Mr. Nikhil Saran Mathur (DIN: 00192195)

  • Appointed as Additional Director (Non-Executive) of the Company
  • Effective from June 10, 2026
  • Subject to approval of shareholders within the timeline prescribed under Regulation 17(1C) of SEBI LODR Regulations
  • Based on recommendation of the Nomination and Remuneration Committee

Profile Details: Mr. Nikhil Saran Mathur is described as an accomplished business leader with extensive experience spanning real estate, finance, international trade, marketing, aviation, infrastructure and emerging technologies. He has served as CEO of Lloyds Realty Limited and has successfully led and advised several large-scale real estate, infrastructure and financial ventures. He possesses significant expertise in strategic development, financial restructuring, public issues, investment structuring and international collaborations. Mr. Mathur currently serves as Managing Director and Director on the boards of various companies engaged in aerospace, real estate, infrastructure, advertising, health and fitness sectors. He is also associated with several technology-driven initiatives involving artificial intelligence, drones, smart building inspection and infrastructure maintenance solutions.

Compliance Confirmations

The company confirmed pursuant to BSE Circular No. LIST/COMP/14/2018-19 dated June 20, 2018 that:

  • Dr. Huzaifa Habil Khorakiwala is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority
  • Mr. Nikhil Saran Mathur is not debarred from holding the office of Director by virtue of any order of SEBI or any other authority
  • Mr. Nikhil Saran Mathur is not related to any Director of the Company