Neelkanth Limited has scheduled a meeting of its Board of Directors for Friday, May 29, 2026. The meeting will be held at the company's registered office to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The board will also discuss any other matter with the permission of the Chair.

Trading Window Closure

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in securities of the company is currently closed. The closure commenced on April 1, 2026. The window will remain closed for directors and specified persons and will reopen 48 hours after the declaration of the financial results.

Meeting Details

Neelkanth Limited announced significant changes to its board composition and committee structure following a board meeting held on March 20, 2026. The company made these disclosures in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Board Appointments and Resignations

The board approved the appointment of Mr. Devidas Jayram Shejul (DIN: 10868647) as an additional director designated as Independent Director, subject to shareholder approval. The appointment is effective from March 20, 2026, for a first term of five years extending until March 19, 2031.

Mr. Shejul is a qualified lawyer and member of the Bar Council of Maharashtra & Goa, practicing as an advocate since 2007. He has confirmed meeting the independence criteria under the Companies Act, 2013 and SEBI LODR Regulations, 2015. The company has also received confirmation that he is not debarred from accessing capital markets or holding directorial positions.

Simultaneously, Mr. Yogesh Jaintilal Thakkar (DIN: 07275147) tendered his resignation as Independent Director effective from the close of business hours on March 20, 2026. His resignation was attributed to personal reasons, and he confirmed no other material reasons beyond those stated in his resignation letter.

Committee Reconstitution

Following the board changes, the company reconstituted three key committees with effect from March 20, 2026. All committees now have identical composition with Sangeeta Vijay Kumar serving as Chairman across all three.

Regulatory Compliance and Meeting Details

The board meeting, which commenced at 3.00 P.M. and concluded at 3.30 P.M., ensured that the company's board composition remains compliant with requirements under the Companies Act, 2013 and SEBI Listing Regulations. The appointment was made based on the recommendation of the Nomination and Remuneration Committee.

Mr. Thakkar's resignation also affects his positions in other listed entities, where he serves as Independent Director at Asian Warehousing Limited and holds memberships in its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.

The changes reflect the company's commitment to maintaining robust corporate governance standards while ensuring smooth transitions in board leadership and committee oversight. The company confirmed that Mr. Shejul is not related to any existing Directors or Key Managerial Personnel.