IST Ltd reappoints Suresh Chand Jain as Executive Director for two years

1 min read | Published on 29 Sept 2026, 06:00 PM |Updated on 29 Sept 2026, 06:00 PM

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Ashish TScanX News Team

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Key Highlights

Shareholders approved Suresh Chand Jain's reappointment as Executive Director at the 50th AGM on September 29, 2026
The new term runs for two years, effective August 14, 2026, through August 13, 2028
Mr. Jain has over 33 years of association with the company and served as ED for the last 14 years

*this image is generated using AI for illustrative purposes only.

IST Limited shareholders approved the reappointment of Suresh Chand Jain as Whole-time Director and Executive Director for a term of two years. The appointment is effective from August 14, 2026.

The approval was granted at the company's 50th Annual General Meeting held on September 29, 2026. The decision follows recommendations from the Nomination and Remuneration Committee and the Board of Directors, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership continuity and experience

Mr. Jain has been associated with the company for more than 33 years. He has held various distinguished positions during this tenure and has served as Executive Director for the past 14 years. As Chief Executive Officer, he oversees strategic planning, sales and marketing, product development, financial management, and daily operations.

Mr. Jain holds a postgraduate degree in Physics from the University of Delhi. The disclosure notes that he is not related to any other director of the company.

Appointment details

The following table outlines the key parameters of the reappointment as disclosed to BSE Limited:

Particulars	Details
Director Name	Suresh Chand Jain
Designation	Executive Director (Whole-time Director)
Term Start Date	August 14, 2026
Term End Date	August 13, 2028
Duration	2 years
Approval Body	50th Annual General Meeting

The terms of the appointment are aligned with the company's Nomination and Remuneration Policy. The filing was signed by Company Secretary Bhupinder Kumar.

Historical Stock Returns for IST

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.06%	-1.84%	-5.38%	-4.03%	-4.03%	-4.03%

How might the two-year leadership continuity under Mr. Jain influence IST Limited's strategic pivot in response to evolving market dynamics?

What specific performance metrics or KPIs will the Board use to evaluate Mr. Jain's executive tenure over the next 24 months?

Given his oversight of product development, what new technology or service lines can investors expect IST Limited to launch during this term?

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IST Ltd holds 50th AGM at Dharuhera facility on September 29

1 min read | Published on 29 Sept 2026, 05:25 PM |Updated on 29 Sept 2026, 05:25 PM

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Shriram SScanX News Team

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Key Highlights

IST Limited held its 50th AGM on September 29, 2026, at Dharuhera, Haryana
Statutory and secretarial audit reports for FY26 contained no qualifications
Seven directors, including two whole-time directors, attended the meeting
Chairman apprised members of performance highlights for financial year 2025-26

*this image is generated using AI for illustrative purposes only.

IST Limited held its 50th Annual General Meeting (AGM) on Tuesday, September 29, 2026, at the company's registered office in Dharuhera, Haryana. The meeting commenced at 11:30 am IST and was chaired by Whole-time Director Suresh Chand Jain.

The proceedings were conducted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. A summary of the meeting was submitted to BSE Limited and will be hosted on the company's website. The requisite quorum was present, allowing the Chairman to call the meeting to order after the Notice convening the AGM dated August 14, 2026, was taken as read with member consent.

Director attendance and governance

Seven directors attended the meeting, reflecting a mix of executive, non-executive, and independent roles. The Chief Financial Officer and representatives from both statutory and secretarial auditing firms were also present to address member queries.

Name	Role
Mayur Gupta	Non-Executive, Non-Independent Director
Gaurav Gupta	Non-Executive, Non-Independent Director
Suresh Chand Jain	Whole-time Director (Chairperson)
Col. (Retd.) Satchit Kumar Basu	Whole-time Director
Neeraj Kumar Aggarwal	Independent Director; Chairman, Audit & Stakeholders' Relationship Committees
Gurpreet Kaur	Independent Director; Chairperson, Nomination & Remuneration Committee
Vijay Vardhan Daga	Independent Director

Vikas Kumar Naredi served as the Chief Financial Officer attending the session. The statutory auditors, M/s. VSVG & Co., and secretarial auditors, M/s. Vinod Kumar & Co., were present during the proceedings.

Audit status and performance review

The Company Secretary informed members that the reports of the Statutory Auditors and Secretarial Auditors for the financial year ended March 31, 2026, contained no qualifications, reservations, adverse remarks, or disclaimers. Consequently, these reports were taken as read by the shareholders.

Following the audit review, Chairman Suresh Chand Jain addressed the members, apprising them of the company's performance and key highlights for FY26. Members were subsequently invited to raise queries regarding the operational results and strategic direction presented during the session.

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