Intimation regarding Appointment of Mr. Sudeep Saxena as an Non-Executive Independent Director of the Company.
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Indian Sucrose Ltd has appointed Mr. Sudeep Saxena (DIN: 09199917) as a Non-Executive Independent Director for a first term of five years, effective from January 31, 2026 to January 30, 2031. Mr. Saxena is 61 years old and brings extensive experience in banking, corporate governance, legal compliance, and capital markets, having started his career as a Probationary Officer at State Bank of Patiala in 1988. He holds qualifications in Mathematics, Law, CAIIB, and has accreditations from NIBM and FCI Amsterdam. He has no shareholding in the company, no relationship with other directors, and is not debarred by SEBI from holding a directorship.
This is a routine independent director appointment with no material impact on the stock price or existing shareholders. It strengthens board oversight with the addition of an experienced banking and governance professional.