Intimation for appointment and resignation of Directors of the Company under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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The board of Space Incubatrics Technologies Ltd, at a meeting on 20 September 2025, approved the appointment of four new Additional Non-Executive Directors: Mr. Umesh Kumar, Mr. Rajendra Prasad, Ms. Babita, and Ms. Parul Agrawal (the last two are Independent Directors). At the same time, Mr. Mahesh Chand Mittal (Non-Executive Director) and Mrs. Ankita Garg (Non-Executive Independent Director) resigned, citing other professional commitments. The Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee were reconstituted, with Ms. Parul Agrawal taking over as Chairperson of all three committees. All appointees have confirmed they are not debarred from holding director positions by any SEBI or MCA order.
This is a routine board reconstitution with net expansion from 6 to 8 directors, with no change in the Managing Director, CEO, or CFO. Shareholders will need to approve the new appointments at the next general meeting. No material red flags, but investors should track the backgrounds of the new independent directors given the small-cap nature of the company.