Stratmont Industries Limited

Board Decision and Appointment Details

The Board of Directors of Stratmont Industries Limited, based on the recommendation of the Nomination and Remuneration Committee, at its meeting held on September 5, 2026, approved the appointment of Mr. Ashok Kumar Tyagi as an Additional Director in the category of Non-Executive Independent Director of the Company.

Term of Appointment

Mr. Tyagi is appointed for a term of five consecutive years, commencing from September 5, 2026, to September 4, 2031 (both days inclusive). He shall not be liable to retire by rotation.

Shareholder Approval Requirement

The appointment is subject to approval of the Members of the Company by way of Special Resolution at the ensuing Annual General Meeting.

Previous Term and Fresh Appointment

Mr. Ashok Kumar Tyagi had earlier served as an Independent Director of the Company for his first term. His first term had expired, and the present appointment is being considered as a fresh appointment for his second consecutive term.

Regulatory Compliance and Confirmations

The Company confirms that:

  • Mr. Ashok Kumar Tyagi is not debarred from holding the office of Director by virtue of any order of SEBI or any other such authority.
  • He is not disqualified from being appointed as a Director under Section 164 of the Companies Act, 2013.
  • He has furnished the requisite declarations and confirmations, including the declaration of independence under Section 149(6) of the Companies Act, 2013 and the applicable provisions of the SEBI Listing Regulations.

Director Profile

Mr. Ashok Kumar Tyagi is described as an experienced professional with extensive knowledge and expertise in business management, corporate affairs, governance, and strategic decision-making. He has rich exposure to various aspects of business operations.

Relationships Disclosure

As required by disclosure norms, the company states that Mr. Tyagi is "Not related" to other directors, indicating no inter-se relationships between directors.

Annexure Reference

The complete details required under Regulation 30 of the SEBI Listing Regulations are provided in the enclosed Annexure A, which includes the tabular format with specific disclosure points.