Sharat Industries Ltd — Important, 10-08-2026: Company Update

Sharat Industries Limited's Board has approved the re-appointment of Mr. Swayze Mani as an Independent Director for a second five-year term, effective from May 16, 2027. This decision, following a review by the Nomination and Remuneration Committee, is contingent on shareholder approval. Mr. Mani brings over 25 years of extensive human resource management experience, crucial for aligning people strategies with company objectives. His continued presence ensures valuable expertise and continuity in governance, supporting the company's operational stability. He is not related to any other directors.