Share India Securities Limited has informed the Exchange regarding regularization of Appointment of Mr Arun kumar Jain as Non- Executive Independent Director of the company w.e.f. March 05, 2026.
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Share India Securities Limited received shareholder approval via Postal Ballot (results dated May 23, 2026) for two items: appointment of Mr. Arun Kumar Jain as Non-Executive Independent Director for a 5-year term effective March 5, 2026, and re-appointment of Mr. Piyush Mahesh Khandelwal for another 5-year term effective March 3, 2026. Mr. Jain brings over 38 years of experience, having served as Chairman of the Central Board of Direct Taxes (CBDT) and held senior positions in the Indian Revenue Service (IRS). He also serves on the boards of GHCL Limited, M R. Technofin Consultants Private Limited, and India Pesticides Limited. Both directors confirmed they are not debarred from holding directorship and have no related party relationships with existing board members.
The appointments strengthen the board's governance framework with experienced independent oversight. Shareholder approval through postal ballot demonstrates compliance. No immediate stock price impact expected from routine board appointments.