Update on appointment of an Independent Director of the Company approved by the members through Postal Ballot
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Sakthi Finance informed BSE that members approved the appointment of Sri Saurabh Jain (DIN: 02322422) as a Non-Executive Independent Director through a Postal Ballot, with the results declared on November 5, 2025. Jain was initially appointed by the Board on September 27, 2025, for a 5-year term running from September 27, 2025 to September 26, 2030, and is not liable to retire by rotation. The Postal Ballot outcome was passed as a Special Resolution with the requisite majority. He is a Chartered Accountant with over 20 years of experience in finance, capital markets, and investment banking, and is the founder and Director of Think Capital Private Limited, with prior stints at IDBI Capital Market Services and Calyon Bank.
The Postal Ballot approval formalizes the new Independent Director on the board, completing the regulatory process begun in September. This is a routine governance update with no immediate material impact on shareholders or stock price.