Declaration of Postal Ballot Resolutions dated 19th May, 2026 in relation to obtainment of shareholders'' approval for appointment of Independent Directors of the Company.
SWANCORP · price
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Swan Corp Ltd has received shareholder approval via Postal Ballot dated 19th May, 2026 for the regularisation of two Independent Director appointments: Ms. Bhagwati Sharma (appointed 23rd March 2026) and Mr. Ashish Chhabria (appointed 25th March 2026). Both have been appointed as Non-Executive Independent Directors for a term of 5 years. Ms. Sharma is a Practicing Company Secretary with 14+ years of experience in corporate law compliance. Mr. Chhabria is an experienced businessman with 35+ years of industry experience. Neither director is related to any existing directors of the company.
The regularisation of these independent director appointments strengthens the board's governance structure. Both directors are not liable to retire by rotation, providing stability to the board composition. This is a positive governance development for the company.