Company Disclosure: Appointment of Additional and Independent Director

Appointment Details

  • Director Appointed: Mrs. Shuba Kumar (DIN: 02081919)
  • Position: Additional and Independent Director
  • Appointment Mechanism: Circular resolution passed by Board of Directors on July 23, 2026
  • Effective Date: July 27, 2026 (subject to shareholder approval)
  • Term: Five (5) consecutive years
  • Approval Required: Subject to approval of shareholders

Governance Process

  • Recommended by the Nomination, Compensation and Remuneration Committee
  • Board approval obtained via circular resolution
  • Compliance with SEBI Circular LIST/COMP/14/2018-19 dated June 20, 2018 confirmed
  • Mrs. Shuba Kumar is not debarred from holding director office by SEBI or any other authority

Director Profile and Qualifications

Mrs. Shuba Kumar's professional background:

  • Education: B.Tech from IIT Madras, MS from MIT, MBA from Stanford University
  • Experience: 28 years of leadership experience across multiple sectors
  • Sector Expertise: Operations, quality management, mergers & acquisitions, and international business in automotive, aerospace, and semiconductor sectors

Current Positions:

  • Managing Director of Natesan Synchrocones Pvt. Ltd.
  • Independent Director on the Board of India Motor Parts & Accessories Limited (IMPAL)

Professional Achievements:

  • Established DSIR-recognized R&D centre at Natesan Synchrocones
  • Led company expansion into aerospace sector
  • Formed Kyowa Natesan Synchro Technologies Pvt. Ltd. (Indo-Japanese joint venture)
  • Previously held senior leadership roles at Applied Materials, USA
  • Created over US$1 billion in new markets at Applied Materials
  • Drove operational excellence through Six Sigma methodologies

Director Relationships

  • Mrs. Shuba Kumar is not related to any director of the Company

Company Representative

  • Signing Officer: Chinmaya Khatua, Company Secretary & Compliance Officer
  • Signature Date: July 23, 2026 at 15:50:29 IST

Financial Impact

No financial impact quantified in the disclosure. The appointment represents a governance change without immediate financial implications.