AGM approves regularisation of Independent Director and continuation of Whole-time Director beyond 70

Mrs. Shruti Vyas (Chartered Accountant) regularised as Non-Executive Independent Director for a term of 1 year from 27 May 2026 up to 26 May 2027.

Mon 28 Sep 2026

Director Regularised

Mrs. Shruti Vyas regularised as Non-Executive Independent Director for a term of 1 year from 27 May 2026 up to 26 May 2027

Director Continuation Approved

Mr. Shyamsunder Chokhani approved to continue as Whole-time Director beyond the age of seventy years

AGM Date

21st AGM held on 28 September 2026

Director Background - Vyas

Mrs. Shruti Vyas is a Chartered Accountant with more than two decades of experience

Director Background - Chokhani

Mr. Shyamsunder Chokhani associated with the company for the past 19 years

What was approved

At the 21st Annual General Meeting held on Monday, 28 September 2026, members approved two board-related resolutions.

• Mrs. Shruti Vyas (DIN: 01305405), earlier appointed as an Additional Non-Executive Independent Director with effect from 27 May 2026, was regularised as a Non-Executive Independent Director for a term of one (1) year from 27 May 2026, holding office up to 26 May 2027. Her appointment is not liable for retirement by rotation, as approved by the NRC Committee.
• Mr. Shyamsunder Chokhani (DIN: 00216976) will continue as Whole-time Director beyond the age of seventy years, including his continuation in that office from the date he attained seventy until the date of this approval.

Background of the directors

Mrs. Vyas is a Chartered Accountant with more than two decades of experience across banking, financial, educational and professional services. She is currently Chief Executive Officer of Prime Vision Professional Education (brand of Edmentors Vision Private Limited) and a Partner at Vyas & Associates since 2007. She holds no directorships in other listed companies, no committee positions elsewhere, and no shareholding in the company. She is not related to any other director.

Mr. Chokhani holds a master's degree in Mechanical Engineering from IIT Bombay (1973) and has been associated with the company for the past 19 years. He looks after logistics, including inbound logistics, vessel chartering, local logistics and domestic banking. The Chief Financial Officer, Mr. Hemanshu Shyamsundar Chokhani, is his son, and Whole-Time Director Mrs. Neha Hemanshu Chokhani is his daughter-in-law.

How to read this

These are governance approvals rather than business developments. Continuation of a director beyond seventy requires shareholder approval under company law, and the regularisation converts an additional director into a regular independent director. There is no change to the company's operations or financials disclosed here.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.