Shardul Securities Ltd — Important, 12-11-2025: Company Update

Shardul Securities' Board, following review by its Nomination and Remuneration Committee, has approved key directorial changes. Mr. Gyanchand Pipara, a Chartered Accountant with over 42 years of expertise in forensic accounting and auditing, joins as an Additional Non-Executive Independent Director for three years, pending shareholder approval. This brings significant financial and investigative experience to the board. Additionally, Ms. Daya Bhalia, an experienced Executive Director and Company Secretary with over a decade in corporate and securities law, has been re-appointed for a three-month term, ensuring continuity in leadership. These moves strengthen the company's governance and operational oversight.