Disclosure w.r.t Appointment of Director
SHILCTECH · price
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Shilchar Technologies has informed the stock exchange that shareholders have approved the re-appointment of Mr. Rajesh Varma (DIN: 01034325) as a Non-Executive Independent Director via postal ballot on 13 June 2025. Mr. Varma will serve a second term of 5 consecutive years, from 8 February 2025 to 7 February 2030. He is 61 years old, holds B.Com and FCA qualifications, and is a senior advisor and consultant specializing in internal controls, risk assessment, and corporate governance. He chairs the Audit Committee and sits on the Nomination & Remuneration, CSR, and Risk Management committees. He is not related to any existing director and has not been debarred by SEBI.
This is a routine governance disclosure confirming continuation of an experienced independent director with strong finance and audit expertise. No material impact on shareholders or stock price is expected — board continuity is maintained.