Board appoints Abhishek Ileshkumar Shah as Additional Non-Executive Independent Director; committees reconstituted

Bizotic Commercial Ltd informed the exchanges that its Board, on the recommendation of the Nomination and Remuneration Committee.

Sat 10 Oct 2026

Director DIN

10048431

Term of Appointment

five (5) years

Appointment Effective Date

10 October 2026

New independent director on the board

• The Board, based on the recommendation of the Nomination and Remuneration Committee, appointed Mr. Abhishek Ileshkumar Shah (DIN: 10048431) as an Additional Director designated as Non-Executive Independent Director.
• The appointment is effective 10 October 2026 for a term of five (5) years, subject to the approval of the shareholders.
• Annexure A of the update states the term shall commence from 10 October 2026 until the date of resignation or retirement, whichever is earlier.

Committees reconstituted

The Board approved the reconstitution of the Audit Committee and the Stakeholders Relationship Committee with effect from 10 October 2026.

Audit Committee

• Abhishek Ileshkumar Shah (DIN: 10048431) - Chairman, Non-Executive and Independent Director
• Avani Ashwinkumar Shah (DIN: 09608898) - Member, Non-Executive and Independent Director
• Sanjaykumar Mahavirprasad Gupta (DIN: 07610448) - Member, Managing Director

Stakeholders Relationship Committee

• Abhishek Ileshkumar Shah (DIN: 10048431) - Chairman, Non-Executive and Independent Director
• Avani Ashwinkumar Shah (DIN: 09608898) - Member, Non-Executive and Independent Director
• Sanjaykumar Mahavirprasad Gupta (DIN: 07610448) - Member, Managing Director

Nomination and Remuneration Committee

• Abhishek Ileshkumar Shah (DIN: 10048431) - Chairman, Non-Executive and Independent Director
• Avani Ashwinkumar Shah (DIN: 09608898) - Member, Non-Executive and Independent Director
• Juhi Sawajani (DIN: 09811893) - Member, Non-Executive and Independent Director

Who is the new director

The update describes Mr. Abhishek Shah as holding a Bachelor of Commerce (B.Com.), Master of Commerce (M.Com.) and Master of Business Administration (MBA) degree, and as having completed the Intermediate level of the Chartered Accountancy course. The disclosure of relationships between directors is stated as Not Applicable. The update also states that he is a director in 3B FILMS LIMITED, and that he is not debarred from accessing capital markets and is not restrained from holding the office of director by any order of SEBI or any other authority.

Meeting details

The Board Meeting was held on Saturday, 10 October 2026, commencing at 7:00 P.M. and concluding at 08:30 P.M. (IST). The letter is signed by Sanjay Mahavirprasad Gupta, Managing Director (DIN: 07610448).

What this means for a reader

• The change is at the board and committee level: a new Non-Executive Independent Director has been appointed, and the membership of three board committees has been reworked.
• The appointment is subject to shareholder approval, as stated in the update.
• The new director is Chairman of the Audit Committee, the Stakeholders Relationship Committee and the Nomination and Remuneration Committee, each constituted with Non-Executive Independent Directors as members.

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