Please find the attached the Disclosure under Regulation 30 of SEBI(LODR), Regulations,2015 towards Appointment of Additional Director to Mr. Swapnil Jayesh Madiyar (Din No - 08520796) ....
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Colinz Laboratories Ltd has appointed Mr. Swapnil Jayesh Madiyar (DIN: 08520796) as an Additional Director in the Non-Promoter, Non-Executive category, effective 16th May 2025. The Board approved the appointment on the recommendation of the Nomination and Remuneration Committee. Mr. Madiyar holds a BBA degree and brings cross-functional experience spanning Fintech, Marketing, HR, Operations, Product Development, and Business Development. The company confirmed he is not debarred by SEBI or any other authority, and is not related to any existing Director on the board. His appointment is subject to shareholder approval at the forthcoming 39th Annual General Meeting, as required under Section 161 of the Companies Act, 2013.
This is a routine external addition to the board, expected to bring fresh expertise but unlikely to move the stock price. Shareholders will get to ratify the appointment at the upcoming AGM.