SPML Infra Limited submitted a regulatory disclosure to the National Stock Exchange of India and BSE Limited regarding the outcome of its Board of Directors meeting held on May 28, 2026. The meeting commenced at 3:00 PM and concluded at 8:05 PM.

Key Business Transacted:

1. Approval of Financial Statements: The Board considered and approved the Audited Standalone and Consolidated Financial Statements of the Company for the Quarter and year ended 31st March, 2026. The Auditors' Report accompanying these statements contained an unmodified opinion. A copy of these financial statements was enclosed as Annexure - I.

2. Regulatory Declaration: A declaration was provided in terms of Regulation 33(3)(d) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. This declaration pertained to the Audit Report with an unmodified opinion issued by the company's Statutory Auditors, M/s. Maheshwari & Associates, Chartered Accountants (Firm Registration Number: 311008E). This was enclosed as Annexure - II.

3. Re-appointment of Director: Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the re-appointment of Mr. Tiruvidaimarudhur Srivatsan Sivashankar (DIN: 02720714) as a Non-Executive Independent Director. This approval is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM). His re-appointment is for a second and final term of one (1) year, effective from 8th June 2026 up to 7th June 2027 (both days inclusive).

Director Disclosure Details (Annexure - III):

The disclosure for the director re-appointment was made as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

  • Reason for Change: Re-Appointment as his first tenure was set to expire on June 7, 2026.
  • Brief Profile: Mr. Sivashankar is a financial services professional with over 30 years of experience. He is a former Managing Director at Rohatyn Group and held senior roles at Citibank in private markets, corporate equity, capital finance, and treasury. He holds a B.Tech from IIT Madras and an MBA from IIM Lucknow.
  • Relationships: He is not related to any other director on the board.
  • Regulatory Status: He is not debarred from holding the office of director by any SEBI order or other authority.

The disclosed information is also available on the company's website at www.spml.co.in.