Jumbo Bag Limited has appointed G. A. Darshan as an Additional Director (Non-Executive & Non-Independent) with effect from July 30, 2026. The appointment was approved by the Board of Directors during a meeting held on July 30, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR), 2015. This move integrates the company’s financial leadership into its governance structure, given Darshan’s existing role as Chief Financial Officer.

The appointment follows the Board’s approval of the unaudited financial results for the quarter ended June 30, 2026, in the same meeting. The company disclosed the outcome pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015. The unaudited financials and limited review report for the quarter were previously communicated to the exchange via letter JSE-21/2026-27 dated July 30, 2026.

Director Profile and Relationship

G. A. Darshan holds DIN 11395926 and is a qualified Chartered Accountant with a Bachelor of Commerce (B.Com.) degree. He currently serves as the Chief Financial Officer of Jumbo Bag Limited. The disclosure highlights a familial relationship within the company’s leadership: Mr. G. A. Darshan is the son of Mr. G S Anilkumar, the Managing Director of Jumbo Bag Limited.

Regulatory Compliance

The company confirmed that Mr. G. A. Darshan is not debarred from holding office by virtue of any order from SEBI or any other authority. This confirmation aligns with circular no. NSE/CML/2018/02 issued by the National Stock Exchange of India Limited and circular no. LIST/COMP/14/2018-19 issued by BSE Limited, both dated June 20, 2018. The disclosure was made in compliance with SEBI circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023.

What the Numbers Show

The appointment of the CFO to the Board strengthens the alignment between financial strategy and corporate governance at Jumbo Bag Limited. By bringing a qualified Chartered Accountant who is also part of the founding family into the directorship, the company ensures that financial oversight remains closely tied to long-term strategic objectives. This structure may enhance decision-making efficiency regarding capital allocation and financial reporting, although it concentrates significant influence within the family-led management circle.

Jumbo Bag Limited shareholders approved the company’s financial statements for FY26 and declared a dividend during its 36th Annual General Meeting held on July 30, 2026. The meeting, conducted via Video Conference/Other Audio Visual Means (OAVM), also resulted in the reappointment of G.S. Srinivas as a director and a revision in statutory auditor remuneration. These outcomes signal continued shareholder confidence in the company’s governance and financial direction following the fiscal year ended March 31, 2026.

The meeting commenced at 10:30 A.M. with Smt. Renuka Mohan Rao, Chairperson of the Company, presiding over the proceedings. With the requisite quorum present, the Chairperson addressed members regarding the company’s performance during the year 2025-26 and future business prospects. All directors attended via video conference, alongside representatives from the Audit Committee and the Nomination and Remuneration Committee. M/s. Lakshmmi Subramanian & Associates served as both the Secretarial Auditor and the Scrutinizer for the remote e-voting process.

Ordinary Business Transacted

Shareholders transacted four items of ordinary business through the e-voting facility, which was available from July 27, 2026, at 9:00 A.M. to July 29, 2026, at 5:00 P.M., and during the meeting until 11:42 A.M.

No special business was placed before the meeting. The Statutory Auditor’s Report, Secretarial Auditor’s Report, Notice, and Board’s Report were taken as read with member permission. No queries were raised by attendees during the session.

Procedural Compliance and Reporting

The Company Secretary and Compliance Officer, Sunil Kumar Alluri, confirmed that all registers required under the Companies Act, 2013, were available for inspection. The Scrutinizer will submit a consolidated report to the Stock Exchange within two working days of the meeting’s conclusion. The final voting results will be uploaded to the company’s website shortly thereafter. The meeting concluded at 11:27 A.M. with a vote of thanks from the Chairperson.