Shareholders Approve Re-designation of Director from Non-Executive Independent to Non-Executive Non-Independent

At the 15th AGM held on September 29, 2026, shareholders approved the re-designation of Mr. Arun Vijaykumar Gupta from Non-Executive Independent Director to Non-Executive Non-Independent Director.

Tue 29 Sep 2026

AGM Date

September 29, 2026

Director Name

Mr. Arun Vijaykumar Gupta

Director DIN

05131228

Re-designation

Non-Executive Independent Director to Non-Executive Non-Independent Director

What was announced

Shareholders of the company, at the 15th Annual General Meeting held on September 29, 2026, approved the re-designation of Mr. Arun Vijaykumar Gupta (DIN: 05131228) from Non-Executive Independent Director to Non-Executive Non-Independent Director.

This follows the company's earlier disclosure on the same subject dated August 14, 2026. The AGM concluded at 4:42 PM (IST).

What it means in simple terms

• An independent director is one who has no material relationship with the company beyond the board seat, and is counted towards the board's independence requirements.
• A non-executive non-independent director still does not run day-to-day operations, but is no longer classified as independent.
• The director continues on the board; only his classification changes.

Investor angle

• There is no financial transaction, payout or business change involved in this disclosure.
• Such re-designations affect board composition and committee eligibility, which is why they require shareholder approval and exchange intimation.

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