Appointment of Secretarial Auditor of the Material Subsidiary, i.e. M/s. Butterfly Ayurevda Private Limited & Appointment of Independent Director of the Company on the Board of Material Subsidiary.
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Sai Capital informed the stock exchanges that its material subsidiary, Butterfly Ayurveda Private Limited, held a board meeting on August 12, 2025. At this meeting, Mr. Kailash Chandra Sharma, who is already an Independent Director of Sai Capital, was appointed as an Additional Non-Executive Director on the subsidiary's board. Separately, Ms. Sakshi Gupta, a Practicing Company Secretary (ICSI Membership No. 59295), was appointed as the Secretarial Auditor of the subsidiary for FY 2025-26. Both appointments are made to comply with SEBI Listing Regulations regarding governance of material subsidiaries.
This is a routine corporate governance filing with no material impact on shareholders. The appointments strengthen governance compliance at the subsidiary level and are required under SEBI rules for material subsidiaries.