The Board of Directors, in its meeting held on July 31, 2026, approved the appointment of Mrs. Balasubramanian Kiruthika (DIN: 10255325) as Non-Executive Independent Director of the Company. The appointment is based on the recommendation of the Nomination and Remuneration Committee.
Mrs. Balasubramanian Kiruthika will hold office for a term of five consecutive years, from April 1, 2027 to March 31, 2032. The appointment is subject to shareholder approval, which will be sought in the ensuing Annual General Meeting of the Company to be held within three months thereof.
The company affirms that the director being appointed is not debarred from holding the office of director by virtue of any order of SEBI or any other such authority, in compliance with SEBI Circular dated June 14, 2018 read with BSE Circular No. List/Comp/14/2018-19 dated June 20, 2018.
Further affirmation is provided that Mrs. Balasubramanian Kiruthika is not disqualified from holding the office of Director pursuant to the provisions of Section 164 of the Companies Act, 2013.
Director Details from Annexure-A:
- Reason for change: Appointment
- Designation: Non-Executive Independent Director
- Name: Mrs. Balasubramanian Kiruthika
- Date of appointment: April 1, 2027
- Brief Profile: Has over ten years of extensive and varied experience in areas of finance, foreign investments, risk and business management
- Relationship between directors: Not Applicable
- Shareholding in the Company: Does not hold any shares
- Other directorships: I Stone Globalspot Creations Private Limited
- SEBI compliance confirmation: Confirmed she is not debarred from holding director office by SEBI or any other authority
- Companies Act affirmation: Confirmed she is not disqualified under Section 164 of Companies Act, 2013