Sagardeep Alloys Limited has informed the Exchange regarding Appointment of Mrs SANGITA MEHTA as Other of the company w.e.f. May 16, 2025. as Additional director , Non executive non independent
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Sagardeep Alloys Limited has appointed Mrs. Sangita Satishkumar Mehta as an Additional Director in the Non-executive Non-Independent category, effective May 16, 2025. She is the wife of Mr. Satishkumar Asamal Mehta, the company's Managing Director and promoter. She has over 4 years of experience in business administration. The appointment was recommended by the Nomination and Remuneration Committee and is subject to shareholder approval. She currently holds no shares in the company and is not debarred by SEBI or any other authority.
This is a promoter family member joining the board, which increases promoter influence on the company's governance. Investors focused on independent board oversight may view this cautiously, though the appointment requires shareholder approval at the next general meeting.