Nature of the Disclosure
This is a regulatory filing submitted to BSE Limited and National Stock Exchange of India Ltd. by Standard Industries Limited (Scrip Code: 530017, Symbol: SIL) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure concerns the re-appointment of a director.
Key Event Details
The Board of Directors, pursuant to the recommendation of the Nomination & Remuneration Committee, had initially proposed this re-appointment for a further period of five years effective from 19th May 2027. This proposal was intimated to the stock exchanges on 12th May 2026 and was subject to shareholder approval.
The shareholders of the company approved the re-appointment at the 129th Annual General Meeting held on 18th August 2026.
Appointment Terms
The re-appointment is for a period of 5 (Five) years, from 19th May 2027 up to 18th May 2032. This follows the completion of his existing term, which ends on 18th May 2027.
Director Profile and Experience
Shri Khurshed Thanawalla has over 4 decades of experience across the spectrum of the textile, shipping, trading, and other industries in India, East Africa, and South East Asia. He has also been closely associated with many Government and Business Bodies.
Compliance Confirmations
The company confirms that Shri Khurshed Thanawalla is not debarred from holding the office of Director by virtue of any order of SEBI or any other authority.
It is disclosed that Shri Khurshed Thanawalla does not have any relationship with the other Directors.
Document and Signatory Details
The letter is dated 19th August 2026 and was digitally signed by Mrs. T.B. Panthaki, Vice President (Legal) & Company Secretary (FCS No. 2894), on behalf of Standard Industries Limited.