Sheraton Properties & Finance Ltd — Important, 29-08-2025: Company Update

The company's Board appointed Mr. Nilesh Sheth as an Additional and Independent Director for a five-year term, subject to shareholder approval at the upcoming Annual General Meeting. This decision followed the Nomination & Remuneration Committee's review. Mr. Sheth brings extensive experience in metal raw material trading, supply, business operations, procurement, and strategic sourcing. His addition is expected to enhance the company's governance and contribute valuable industry insights, strengthening strategic oversight. He has no relation to other directors.