Addendum adds Rekha Panwar's appointment as Non-Executive Independent Director to EGM notice as Special Resolution
Shiva Granito Export Ltd has shared an addendum to its EGM notice dated October 06, 2026.
By ScoutQuest · · 3 min read
- EGM date and time
- Thursday, November 05, 2026 at 11:30 A.M. at the registered office in Udaipur
- Director appointment term
- two (2) consecutive years, from October 14, 2026 to October 13, 2028
- Director DIN
- Mrs. Rekha Panwar (DIN: 10063180)
What the update says
Shiva Granito Export Ltd has issued an addendum to the notice of its Extra-Ordinary General Meeting dated October 06, 2026, which is scheduled to be held on Thursday, November 05, 2026 at 11:30 A.M. at the registered office at 8, Bhatt Ji Ki Baari, Udaipur – 313001, Rajasthan. The addendum forms an integral part of the original EGM notice and all other items remain unchanged.
The item being added
- Appointment of Mrs. Rekha Panwar (DIN: 10063180) as a Non-Executive Independent Director of the company.
- Term: two (2) consecutive years, commencing from October 14, 2026 to October 13, 2028.
- She shall not be liable to retire by rotation.
- Shareholders are asked to approve this by way of a Special Resolution, which carries a higher approval threshold than an ordinary resolution.
Why an addendum was needed
- She was earlier appointed as an Additional Director by the board on August 11, 2026, subject to shareholder approval.
- Due to a technical error, the resolution relating to her appointment as a Non-Executive Independent Director for two (2) years could not be included in the e-voting process for the Annual General Meeting.
- As a result, her appointment ceased to be effective upon the conclusion of the Annual General Meeting.
- The board, at its meeting held on October 14, 2026, approved her appointment as an Additional Non-Executive Independent Director for two (2) years with effect from October 14, 2026, and recommended it to members for approval.
Profile details placed before shareholders
- Date of birth: 05/04/1981; qualification: Graduate.
- More than five years of experience, with functional expertise in Corporate Law and Legal matters; specific expertise in law, compliance and corporate affairs.
- Remuneration last drawn: Nil. Remuneration is sitting fees for attending Board and Committee meetings as approved by the Board.
- Number of Board meetings attended during the financial year 2025-26: 1.
- Directorships held in other companies: Nil; committee positions in other companies: Nil; relationship with other directors: Nil; equity shares held in the company: Nil.
The company states that it has received the requisite consent and declarations from her, including a declaration that she meets the criteria for independence under Section 149(6) of the Companies Act, 2013 and a declaration that she has not been debarred from holding the office of a director by any order of SEBI or any other authority. The board is of the opinion that she is a person of integrity, possesses relevant expertise and experience, and is independent of the management. Except for her and her relatives to the extent of their shareholding interest, if any, no other director or key managerial personnel is concerned or interested in the resolution.
How to read this
- This is a procedural update: the meeting notice is being amended to add one resolution, and shareholders will vote on it at the EGM on November 05, 2026.
- The resolution is for the appointment of an independent director for a fixed two (2) year term, with no equity shares held by her and no remuneration drawn other than sitting fees, as set out in the update.
- The update explains that the item arises from a technical error in the earlier e-voting process, after which the board re-approved the appointment and put it to members.
Also from Shiva Granito Export
EGM notice: preferential issue of up to 54,50,000 shares and 35,00,000 warrants proposed
14 Oct 2026
Board approves fresh appointment of Rekha Panwar as Additional Non-Executive Independent Director
14 Oct 2026
Board approves preferential issue of up to 54,50,000 equity shares and 35,00,000 warrants
6 Oct 2026
More numbers
- Term of appointment as Non-Executive Independent Directortwo (2) consecutive years
- Board meetings attended during the financial year 2025-261
- Experience stated for the directorMore than five years
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