Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015, we wish to inform you that the Board of Directors of the Company, based on the Recommendation of NRC at its meeting held on 29.05.2026, ....
TEAMGTY · price
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Team India Guaranty Limited's Board has appointed Mr. Sanjiv Swarup (DIN: 00132716) as an Additional Director in the category of Non-Executive Independent Director. The appointment takes effect from May 29, 2026, for a term of 5 years, contingent on shareholder approval. Mr. Swarup is a qualified Chartered Accountant and Lawyer with over 45 years of experience in corporate governance, management consulting, and strategic advisory. The company confirms he meets the independence criteria under the Companies Act, 2013 and SEBI LODR Regulations, and is not debarred from holding a directorship. He is not related to any existing directors of the company.
This appointment strengthens the Board's independence and governance structure. Shareholders will vote on the appointment at the upcoming general meeting. No immediate material impact on stock price expected, though it is a positive governance development.