AWAntony Waste Handling Cell543254Routine director change

Board took note of three independent directors' tenure ending; approved three new appointments

Independent Directors Mr. Ajit Kumar Jain, Ms. Priya Balasubramanian, Mr. Suneet K Maheshwari: tenure ends Dec 11, 2026.

By ScoutQuest · Thu 5 Nov 2026, 7:42 PM IST · 2 min read

Outgoing independent directors' tenure ends

December 11, 2026

New independent directors' term

five consecutive years from December 12, 2026

Board meeting date

November 05, 2026

What the board did

The Board of Directors met on Thursday, November 05, 2026 and, inter alia, took note of the ensuing completion of the tenure of three Independent Directors and considered and approved the appointment of three persons as Additional Directors, each designated as Non-Executive Independent Director.

Tenure completing on December 11, 2026

• Mr. Ajit Kumar Jain (DIN: 02011292)
• Ms. Priya Balasubramanian (DIN: 02446942)
• Mr. Suneet K Maheshwari (DIN: 00420952)

The reason recorded is completion of second term as an Independent Director, with the date of cessation shown as December 11, 2026. The Board placed on record its appreciation for their contribution, guidance and stewardship, and acknowledged the experience, independent perspective and thoughtful insights they brought to its deliberations.

Appointments approved

• Mr. Durga Prasad Duvvuri (DIN: 03230419)
• Ms. Sujata Saunik (DIN: 07817572)
• Ms. Priya Subramanian (DIN: 07777402)

Each is appointed for a first term of five consecutive years commencing from December 12, 2026. The appointments were recommended by the Nomination and Remuneration Committee and are subject to the approval of the shareholders.

Brief profiles shared with the exchanges

• Mr. Duvvuri is a management consultant in strategy, organisational change, governance and institution-building; he holds a post-graduate degree in Pure Mathematics from Osmania University and began his career with State Bank of India. He is an Independent Director on the board of Old Bridge Mutual Trustee Company Pvt. Ltd.
• Ms. Subramanian is a senior legal professional whose practice covers regulatory frameworks, dispute resolution, maritime law and international trade; she serves as a Non-Executive Director on the board of ISSL, a subsidiary of the Indian Register of Shipping.
• Ms. Sujata Saunik is the former Chief Secretary to the Government of Maharashtra, retired in June 2025, with over 35 years of experience in the Indian Administrative Service, including international peacekeeping missions with the United Nations in Cambodia and Kosovo.

What it means for investors

• Three independent directors leave on completion of their tenure and three new independent directors come in from the following day, so the board's independent membership is being replaced at the same time.
• The outgoing directors' tenure ends on December 11, 2026 and the new terms start on December 12, 2026, so the change is effective from that date.
• The new appointments are as Additional Directors and need shareholder approval, so a shareholder resolution is part of the process.
• The update confirms that the new directors are not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority.

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