Ganesha Ecosphere Limited has re-appointed Sandeep Khandelwal as Senior Vice President for a five-year term, effective October 1, 2026. The company’s Board of Directors approved the re-appointment during a meeting held on August 3, 2026, ensuring continuity in senior leadership for its operational functions.

The decision followed recommendations from both the Nomination and Remuneration Committee and the Audit Committee. The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the company complied with SEBI Master Circular No. HO/49/14/14(7)2025CFDPOD2/I/3762/2026 dated January 30, 2026.

Leadership Continuity

Khandelwal, who is approximately 50 years old, has been associated with Ganesha Ecosphere since 2007. He holds an MBA in Marketing from the Institute of Management & Entrepreneurship Development (IMED), Pune. With over 20 years of experience in the trading of textile yarns and fibre, he brings significant industry expertise to the role.

In addition to his role at Ganesha Ecosphere, Khandelwal serves as the Managing Director of M/s. Ganesha Ecovolve Limited, a group company listed on the BSE-SME platform. His re-appointment underscores the board’s confidence in his long-standing contribution to the organization.

Operational Responsibilities

As Senior Vice President, Khandelwal is responsible for overseeing plant administration and operations. His tenure will span five years, providing stability to the company’s operational framework.

The appointment details are summarized below:

Family Relationship Disclosure

The filing discloses that Sandeep Khandelwal is the son of Vishnu Dutt Khandelwal, the Executive Vice-Chairman of Ganesha Ecosphere Limited. This relationship is noted in compliance with regulatory requirements regarding disclosures of relationships between directors and senior management personnel.

What This Means for Stakeholders

The re-appointment of a long-serving executive like Khandelwal signals a preference for internal continuity in leadership. Given his dual role at Ganesha Ecovolve Limited, stakeholders may observe coordinated strategies across the group’s listed entities. The five-year term aligns with typical long-term operational planning cycles, suggesting the board intends to maintain consistent oversight of plant operations without frequent leadership changes.

Ganesha Ecosphere Limited has appointed Rajiv Kumar Saxena as an Additional Non-Executive Independent Director, effective August 3, 2026. The Board of Directors approved the appointment during a meeting held on the same date, following recommendations from the Nomination and Remuneration Committee. This move strengthens the company’s governance structure by adding a senior banking professional with extensive experience in corporate credit and risk management to its leadership team.

The appointment is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Saxena’s tenure will last for two consecutive years, subject to ratification by the members in the ensuing Annual General Meeting. He fulfills all independence criteria under the Companies Act, 2013 and the SEBI Listing Regulations and is not related to any existing director or Key Managerial Personnel of the company.

Director Profile

Mr. Rajiv Kumar Saxena (DIN: 08516656) brings three decades of experience from the State Bank of India, where he served as Chief General Manager at the SBI Corporate Centre in Mumbai. A Postgraduate in Mathematics from the University of Lucknow and a Certified Associate of the Indian Institute of Bankers, he has managed a business portfolio of approximately ₹1.5 trillion.

His expertise spans large corporate credit, MSME lending, high-value portfolio management, and corporate governance. Mr. Saxena has also led initiatives in digital banking adoption and ESG rating validations for over 500 corporates.

Appointment Details

The disclosure was filed with both the Bombay Stock Exchange and the National Stock Exchange of India Limited on August 3, 2026, citing SEBI Master Circular No. HO/49/14/14(7)2025CFDPOD2/I/3762/2026 dated January 30, 2026. The Board meeting commenced at 5:15 P.M. and concluded at 7:00 P.M.