1. appointment of Ms. Kanchan jhawar in the board of directors as the Independent Director & 2. Resignation of Mr. Vasudevan Sridharan as the Independent Director of the Company.
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SDC Techmedia Ltd has announced two board changes. Mr. Vasudevan Sridharan has resigned as Independent Director effective May 7, 2026, after completing his second consecutive term which concluded on April 21, 2026. He also ceased to be a member of the Audit Committee and Nomination and Remuneration Committee. Simultaneously, the company appointed Ms. Kanchan Jhawar as an Additional Director (Non-Executive, Independent) effective May 7, 2026, for a proposed term of 5 years (until May 6, 2031), subject to shareholder approval at the ensuing general meeting. Ms. Jhawar is a qualified Company Secretary with 11 years of experience in Corporate Law and Finance and is not related to any existing director.
The board change appears routine as Mr. Sridharan's departure was due to natural tenure completion rather than any governance concerns. The appointment of Ms. Jhawar, a qualified Company Secretary, strengthens the board's independent composition pending shareholder confirmation.