SWAN CORP LIMITED has informed the Exchange regarding Change in Director(s) of the company.
SWANCORP · price
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Swan Corp Limited has informed exchanges that shareholders, via a Postal Ballot Resolution dated 19th May, 2026, approved the regularisation of two independent director appointments. Ms. Bhagwati Sharma (a Practicing Company Secretary with 14+ years of experience) was appointed as Non-Executive Independent Director effective 23rd March, 2026 for a 5-year term up to 22nd March, 2031. Mr. Ashish Chhabria (a businessman with 35+ years of industry experience) was appointed as Non-Executive Independent Director effective 25th March, 2026 for a 5-year term up to 24th March, 2031. Both directors are not related to any existing directors and are not debarred from holding office.
The appointment of two independent directors strengthens the board's independence and governance structure. This is a positive signal for shareholders as it enhances board oversight without any immediate impact on stock price.