Frog Innovations has approved the continuation of Mr. Barathy Sundaram as a Non-Executive Independent Director beyond the age of 75 years. The Board of Directors approved the proposal during a meeting held on June 22, 2026, based on the recommendation of the Nomination and Remuneration Committee. This extension allows Mr. Sundaram to serve in his current tenure past the stipulated age limit, contingent upon approval by the Members of the Company at the ensuing 22nd Annual General Meeting.

The disclosure was made to the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulatory filing references the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Mr. Barathy Sundaram brings over 41 years of experience in satellite communication, system engineering, and R&D to the role. He holds a B.E.(Hons) in Electronics and Communication from Madras University and has previously worked with reputed institutions including ISRO, HCL Comnet, and Nelco.

The company confirmed that Mr. Sundaram is not related to any Director, Manager, or other key managerial personnel of the company. Furthermore, the filing states that he is not debarred from holding the office of director by virtue of any SEBI Order or order from any other authority.

Details of the Appointment

Frog Innovations disclosed that its promoters hold 1,12,83,422 equity shares as of March 31, 2026, confirming that a nil number of these shares are encumbered or pledged. The declaration, submitted to the National Stock Exchange of India Limited and the company's Audit Committee, covers the financial year ended March 31, 2026. This disclosure ensures compliance with regulatory requirements regarding the status of promoter holdings.

The confirmation was made by Konark Trivedi, Founder & Managing Director, on behalf of the Promoter and Promoter Group. The filing explicitly states that no encumbrance of shares was made directly or indirectly during the specified period. The disclosure was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Shareholding Details

The company, formerly known as Frog Cellsat Limited, provided this declaration to ensure transparency regarding the financial standing of its promoter group. The document was digitally signed by Konark Trivedi on April 07, 2026.