Ishaan Infrastructure & Shelters Limited has announced key board changes through a revised regulatory disclosure submitted to BSE Limited on April 9, 2026. The company made simultaneous director appointment and resignation announcements, both taking effect from March 26, 2026.

Board Meeting Decisions

The Board of Directors convened on March 26, 2026, approving significant leadership changes during a meeting that ran from 01:00 PM to 01:30 PM. The board addressed two major personnel decisions as part of its regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Appointment

Ms. Megha Sharan (DIN: 05332335) has been appointed as Non-Executive Independent Director (Additional Director) with effect from March 26, 2026. According to the company's disclosure, Ms. Sharan brings extensive experience across corporate and social sector roles, with particular expertise in governance, compliance, and organizational management.

The company noted that Ms. Sharan maintains a strong regulatory track record with no disqualification under Section 164(2) of the Companies Act, reflecting her commitment to high standards of corporate governance. She is not debarred from holding directorship by any SEBI order or other regulatory authority.

Director Resignation

Mr. Arvind Kumar Bhandari (DIN: 00586234) resigned from his position as Non-Executive Independent Director effective March 26, 2026. His resignation was attributed to pre-occupation and personal reasons, as confirmed in his formal resignation letter submitted to the board.

In his resignation letter dated March 26, 2026, Mr. Bhandari confirmed that there are no other material reasons for his resignation beyond those stated. The company received a revised resignation letter providing this clarification, which was enclosed as part of the regulatory disclosure.

Regulatory Compliance

The announcement represents a revised disclosure following clarification sought by BSE Limited regarding the company's earlier corporate announcement dated March 26, 2026. The company has fulfilled all requirements under Regulation 30 read with Schedule III of the SEBI Listing Regulations, providing comprehensive details about both the appointment and resignation in tabular format as mandated by regulatory guidelines.

The disclosure was signed by Pratik Ashok Kumar Patwari, Managing Director (DIN: 11060670), confirming the board's formal approval of these personnel changes and ensuring compliance with all applicable corporate governance norms.

Ishaan Infrastructure & Shelters Limited announced key board changes following its meeting held on March 26, 2026. The company made strategic appointments and accepted a resignation, reshaping its board composition in compliance with regulatory requirements.

Board Appointment and Resignation

The board meeting, which commenced at 01:00 P.M and concluded at 01:30 P.M, resulted in two significant decisions regarding board composition:

New Director Profile

Ms. Megha Sharan brings valuable experience across corporate and social sector roles to the board. Her expertise spans governance, compliance, and organizational management. The company highlighted her strong regulatory track record, noting no disqualification under Section 164(2) of the Companies Act, which reflects her commitment to high standards of corporate governance.

Key Appointment Details

Outgoing Director Information

Mr. Arvind Kumar Bhandari submitted his resignation from the position of Non-Executive Independent Director, citing pre-occupation and personal reasons. His resignation was formally accepted by the board with immediate effect from March 26, 2026.

The company confirmed that Mr. Bhandari holds no directorships in other listed entities and is not debarred from holding director positions by SEBI or any other regulatory authority. His resignation letter was properly documented and acknowledged by Managing Director Pratik Ashok Kumar Patwari.

Regulatory Compliance and Documentation

The board changes were announced in full compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive details as required under Schedule III of the Listing Regulations, ensuring complete transparency in the director appointment and resignation process.

Managing Director Pratik Ashok Kumar Patwari (DIN: 11060670) signed the official communications to BSE Limited, confirming the board's decisions and requesting the exchange to update its records accordingly. The appointment letter for Ms. Megha Sharan was also formally issued, outlining her responsibilities as a Non-Executive Independent Director.