Span Divergent Limited-outcome of Boar Meeting held on dated December 29, 2025
Awaiting price reaction for this filing.
Span Divergent Ltd's Board, at its meeting on December 29, 2025, approved regularization of Mr. Dharmesh Vinodbhai Desai as a Non-Executive Independent Director. He had earlier been appointed as an Additional Director from November 10, 2025. The Board also cleared the Postal Ballot Notice to seek shareholders' approval for his appointment and appointed Mr. Mitesh Rana, Practising Company Secretary, as the Scrutinizer to oversee the e-voting process. The meeting ran from 11:00 a.m. to 11:45 a.m. This is a standard procedural step required under SEBI's Listing Regulations to convert an Additional Director into a regular Independent Director.
No material impact on the stock or shareholders — this is a routine governance compliance step to formalize an existing independent director's position through shareholder voting.