Board approves appointment of Additional Director in the Non-Executive Independent Director category
Paragon Finance Ltd's Board approved the appointment of Mrs. Deepa Kumari Saha (DIN: 11106312) as an Additional Director in the category of Non-Executive Independent Director, effective 14th October, 2026.
By ScoutQuest · · 2 min read
- DIN
- 11106312
- Effective Date of Appointment
- 14th October, 2026
- Age
- 51 years
What was approved
- The Board of Directors of the company, at its meeting held on 14th October, 2026, approved the appointment of Mrs. Deepa Kumari Saha (DIN: 11106312) as an Additional Director in the category of Non-Executive Independent Director.
- The appointment is with effect from 14th October, 2026.
- The decision was based on the recommendation of the Nomination and Remuneration Committee.
- The Board took note of her declaration confirming that she meets the criteria of independence prescribed under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI Listing Regulations.
Profile of the new director
- Age: 51 years (date of birth 01st October, 1975).
- Date of first appointment on the Board: 14.10.2026.
- Qualification: Associate Member of the Institute of Company Secretaries of India.
- Experience: over 10 years in the fields of corporate governance, regulatory compliance and board advisory, with experience in working with Boards and Board Committees.
- Equity shares held by her in the company: Nil.
- Directorships held in other listed companies: 2.
- Attendance at Board meetings in the year 26-27 up to the date of notice: present in 1 of the 1 Board meeting in which she was appointed as an Additional Director.
Other positions held
- J.A. Finance Limited: Chairperson of the Audit Committee, the Stakeholders' Relationship Committee and the Nomination & Remuneration Committee.
- Brahmanand Himghar Limited: Member of the Audit Committee, the Stakeholders' Relationship Committee and the Nomination & Remuneration Committee.
Are there relationships between directors or KMP? The disclosure states None.
Terms
- Terms and conditions of appointment / re-appointment: as per the Nomination and Remuneration Policy of the company.
- Details of remuneration sought to be paid: as per the terms of appointment.
- Details of remuneration last drawn: NA.
How to read this
An additional director added in the non-executive independent category changes the mix of the board and adds a member who, by declaration, meets the independence tests under the Companies Act and the SEBI Listing Regulations. Independent directors are typically also considered for membership of board committees such as audit and nomination & remuneration committees, and the update shows she already holds committee positions at other listed companies. Her holding of equity shares in the company is Nil. The appointment is effective from 14th October, 2026.
Also from Paragon Finance
Shareholders approve Raveena Agrawal as Non-Executive Independent Director for five years
26 Sep 2026
More numbers
- Age of Mrs. Deepa Kumari Saha51 years
- Experience in corporate governance, regulatory compliance and board advisoryover 10 years
- Equity shares held by her in the companyNil
- Directorships held in other listed companies2
- Board meetings attended in 26-27 up to date of notice1
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