Appointment of Ms. Sungandha Narayan Jagtap (DIN: 10883697) as an Additional Independent Women Director of the Company;
Awaiting price reaction for this filing.
The board of Amit International Ltd, at its meeting on 12 March 2026, approved the appointment of Ms. Sungandha Narayan Jagtap (DIN: 10883697) as an Additional Independent Women Director. She holds a Commerce degree and brings over 15 years of experience in office administration, accounting operations, and financial documentation. Her appointment is effective from 12 March 2026, subject to shareholder approval at the next general meeting, and she is liable to retire by rotation. She is not related to any existing director on the board.
Adding an independent woman director strengthens board diversity and compliance with SEBI's requirements on board composition, which is generally viewed positively by shareholders but is unlikely to cause any immediate movement in the stock price.