We hereby upload the disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI LODR regulations ). The company informs that ....
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Shree Metalloys Ltd, an SME-listed company on BSE (Scrip Code 551962), informed the exchange that Mr. Tagaram Lumbharam Chowdhary (DIN 00483173) has resigned as Independent Director effective end of day 13/08/2025, citing other arrangements and pre-occupations. In the same board action, Mrs. Sangita Shingi (DIN 06999605) has been appointed as Women Independent Director effective the same date for a 5-year term, subject to shareholder approval. Mrs. Shingi is a B.Com graduate with over 10 years of experience in accounts, finance and allied activities. She already serves as a director on four other listed companies — Globale Tessile Ltd, Mahalaxmi Fabric Mills Ltd, Riddhi Siddhi Gluco Biols Ltd and Mahalaxmi Rubtech Ltd — along with a few unlisted entities. The filing was signed by Company Secretary Rihanna Kunal Advani.
This is a routine one-for-one independent director reshuffle at a small SME-listed company and is unlikely to materially affect the stock price or shareholder value. Investors may note the incoming director's multiple existing board commitments, which could raise questions on her bandwidth but is not unusual for independent directors.