Satchmo Holdings Ltd — Important, 12-12-2025: Company Update

Satchmo Holdings Limited's Board has confirmed two key re-appointments following the Nomination and Remuneration Committee's review. Mr. Nitesh Shetty, a Promoter Director holding 44.76% of the company's equity shares, was re-appointed as Chairman and Managing Director for a one-year term. Additionally, Ms. Gayathri Muttur Nagaraj was re-appointed for her second five-year term as an Independent Women Director. Both re-appointments are subject to shareholder approval. These decisions ensure continuity in leadership and governance, leveraging Mr. Shetty's long-standing vision and Ms. Nagaraj's extensive industry experience.