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Awaiting price reaction for this filing.
Saptak Chem and Business Ltd held a Board meeting on September 29, 2025, where the board approved the appointment of Mr. Jignesh Keshav Barot (DIN: 08184643) as an Additional Director (Non-Executive Independent Director) for a period of three years, subject to shareholder approval. Mr. Jignesh is a law graduate from Mumbai University with specialised expertise in corporate law, regulatory compliance, and ethical decision-making. The board confirmed he is not debarred from holding office by any SEBI order. The meeting lasted from 1:00 PM to 2:00 PM. The appointment will formally take effect once shareholders approve it.
This is a routine corporate governance update adding an independent director with legal expertise, which strengthens board oversight and compliance capabilities but is unlikely to materially impact the stock price in the short term.