Aplab Limited EGM on April 18, 2026 to Approve Independent Director Appointment

2 min read Updated on 27 Mar 2026, 10:21 PM

Reviewed by

Radhika SScanX News Team

AI Summary

Aplab Limited has scheduled an Extra-Ordinary General Meeting for April 18, 2026, primarily to approve the appointment of Mr. Suresh S. Shah as Independent Director. The textile industry veteran with 30+ years experience will serve a 5-year term if approved by shareholders through the special resolution.

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Aplab Limited has announced an Extra-Ordinary General Meeting (EGM) scheduled for Saturday, April 18, 2026, at 11:30 AM, to be conducted through Video Conferencing and Other Audio-Visual Means. The company informed BSE Limited about this development on March 27, 2026, in compliance with regulatory requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details and Primary Agenda

The EGM has been convened primarily to consider the appointment of Mr. Suresh S. Shah (DIN: 00054740) as an Independent Director of the company. The Board of Directors had appointed him as Additional and Independent Director on January 19, 2026, based on the recommendation of the Nomination and Remuneration Committee, subject to shareholder approval.

Meeting Parameter:	Details
Meeting Date:	Saturday, April 18, 2026
Meeting Time:	11:30 AM (IST)
Meeting Mode:	Video Conferencing/Other Audio-Visual Means
Notice Date:	March 27, 2026
Primary Agenda:	Appointment of Independent Director

Director Appointment Details

Mr. Suresh S. Shah, aged 71, brings over 30 years of experience in the polyester yarn and textile industry. He is the Founder and Managing Director of Sanimo Polymers Private Limited, one of India's leading manufacturers and exporters of Polyester Dyed Yarn. He holds a Bachelor of Textiles degree from Bombay University and has been instrumental in the growth and development of Sanimo Polymers since taking over its management in 1995.

Director Details:	Information
Name:	Mr. Suresh S. Shah
DIN:	00054740
Designation:	Independent Director
Term:	5 years (January 19, 2026 to January 18, 2031)
Shares Held:	Nil
Remuneration:	Only Sitting Fee

E-Voting Schedule and Procedures

The company has established a comprehensive e-voting framework in compliance with Section 108 of the Companies Act, 2013, and related regulations. The remote e-voting arrangements have been structured through National Securities Depository Limited (NSDL) to ensure maximum member participation.

E-Voting Timeline:	Date and Time
Cut-off Date:	Friday, April 10, 2026
E-voting Commencement:	Wednesday, April 15, 2026 at 9:00 AM (IST)
E-voting End:	Friday, April 17, 2026 at 5:00 PM (IST)
Scrutinizer:	Mrs. Rama Subramanian (ACS 15923)

Regulatory Compliance and Documentation

The EGM notice along with the explanatory statement has been made available on the company's website at www.aplab.com and can also be accessed from BSE Limited's website. The appointment requires approval through a Special Resolution, and the company has received all necessary documentation from Mr. Shah, including consent to act as Director, declaration of independence, and confirmation of non-disqualification under Section 164(2) of the Companies Act, 2013.

The communication was signed by Rajesh K. Deherkar, CFO & Company Secretary, emphasizing the company's commitment to proper corporate governance and regulatory compliance in conducting the extraordinary general meeting.

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