Please find enclosed herewith outcome of board meeting held on 29th August, 2025
Awaiting price reaction for this filing.
Shantai Industries' board met on August 29, 2025 and approved four key items. It appointed CS Ranjit Binod Kejriwal as Secretarial Auditor for five years (FY 2025-26 to 2029-30). It re-appointed Mrs. Vandanaben Satishbhai Dalal as Non-Executive Independent Director for another five-year term starting September 26, 2025. Managing Director Mr. Harishbhai Fatandas Sawlani and Whole-time Director Mr. Vasudev Fatandas Sawlani, who are brothers, were re-appointed for five-year terms from November 4, 2025, with continuation of employment beyond age 70. All these changes are subject to shareholder approval at the upcoming AGM.
These are routine governance housekeeping items with no direct impact on financials or operations. The continued leadership of the Sawlani brothers and the re-appointment of the independent director suggest stability in management, though shareholders will need to approve the extensions at the AGM.