Disclosure under Regulation 30 of SEBI (LODR) Regulation, 2015 regarding appointment of Independent Directors.
Awaiting price reaction for this filing.
Starlit Power Systems Ltd, a BSE-listed company (Scrip Code: 538733), announced the appointment of two new Non-Executive Independent Directors at a board meeting held on July 12, 2025. Ms. Bhoomi Girish Bhadra (DIN: 10896624) and Mr. Divyesh Kishor Bhanushali (DIN: 10860757) were both appointed effective July 12, 2025, for an initial term of up to three months and then for five years, subject to shareholder approval. The company confirmed neither appointee is related to existing directors or key managerial personnel, and neither has been debarred by SEBI or any other authority. Notably, both new directors are relatively young (born in 2000), with Ms. Bhoomi's background in jewelry design and Mr. Divyesh bringing about five years of corporate governance and compliance experience.
This is a routine board expansion to strengthen independent oversight. The appointments add fresh independent directors to the board, but the limited industry experience of the new appointees (especially Ms. Bhoomi's non-corporate background) may raise minor questions about board capability. No immediate material impact on stock price or shareholder value is expected.