Outcome of Board Meeting held on Saturday, 12th July, 2025, as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Awaiting price reaction for this filing.
Starlit Power Systems Ltd held a board meeting on July 12, 2025, where it approved two new board appointments effective July 14, 2025. Ms. Bhoomi Girish Bhadra (DIN: 10896624) was appointed as Additional Non-Executive & Independent Women Director, and Mr. Divyesh Kishor Bhanushali (DIN: 10860757) was appointed as Additional Non-Executive & Independent Director. Both will serve an initial term of up to three months, followed by a 5-year term subject to shareholder approval at the next general meeting. Ms. Bhoomi is a graduate with expertise in jewelry design, while Mr. Divyesh is a commerce graduate with around 5 years of experience in corporate governance, SEBI compliance, and handling corporate actions like preferential issues, rights issues, stock splits, and bonus issues. Both directors confirmed they are not debarred by SEBI or any other authority and have no family relations with existing directors or key managerial personnel.
This is a routine governance update adding two independent directors to strengthen the board. It has no direct material impact on financials or operations and is unlikely to move the stock price meaningfully. Shareholders will get to vote on confirming these appointments at the upcoming general meeting.