Orient Bell Limited has announced that its Board of Directors approved several key appointments and re-appointments during a meeting held on May 19, 2026. The decisions involve the re-appointment of existing directors and the induction of a new director, subject to shareholder approval at the upcoming Annual General Meeting.

The Board approved the re-appointment of Mr. Mahendra K. Daga as Chairman & Whole Time Director for a term of three years, effective from April 1, 2027, to March 31, 2030. Ms. Bindiya Shyam Agrawal has been approved for re-appointment as a Non-Executive Non-Independent Director for a one-year term from October 28, 2026, to October 27, 2027. Furthermore, Mr. K.M. Pai was approved for re-appointment as an Independent Director for a second and final term of five years, running from April 1, 2027, to March 31, 2032.

In addition to the re-appointments, the Board appointed Mr. Sreeji Kamala Gopinathan as an Additional Director in the category of Non-Executive-Independent Director. His initial term runs from May 19, 2026, until the date of the ensuing Annual General Meeting. If approved by the members, his tenure will extend until May 18, 2029, for a period of three years.

Director Profiles and Terms

The following table summarizes the details of the approved appointments and re-appointments:

Board Recommendations

All re-appointments were made following the recommendations of the Nomination and Remuneration Committee. The company confirmed that the appointed directors are not debarred from holding the office of Director pursuant to any SEBI order or other authority. The Board meeting commenced at 12:52 p.m. and concluded at 03:10 p.m. on May 19, 2026.

Orient Bell Limited has successfully obtained its quarterly compliance certificate under SEBI regulations, demonstrating adherence to mandatory dematerialization requirements for the quarter ended March 31, 2026.

Regulatory Compliance Certificate

The company received the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, issued by MCS Share Transfer Agent Limited, which serves as Orient Bell's registrar and share transfer agent. The certificate was dated April 2, 2026, and subsequently filed with stock exchanges on April 6, 2026.

Certification Requirements

The SEBI regulation mandates specific compliance measures for dematerialization processes. MCS Share Transfer Agent Limited certified that within 15 days of receiving securities for dematerialization, two critical requirements were met:

• Securities comprised in the certificates have been properly listed on stock exchanges where previously issued securities are already listed
• Physical certificates have been duly verified, mutilated, and cancelled, with the depository's name substituted as the registered owner in company records

Stock Exchange Filing

Orient Bell's Company Secretary and Head-Legal, Yogesh Mendiratta, digitally signed and submitted the compliance certificate to both BSE Limited and National Stock Exchange of India Limited. The company trades under stock code 530365 on BSE and ORIENTBELL on NSE.

About MCS Share Transfer Agent

MCS Share Transfer Agent Limited, headquartered in New Delhi's Okhla Industrial Area, serves as the registrar and share transfer agent for Orient Bell Limited. The company operates under CIN U67120WB2011PLC165872 and maintains its operations from DSIDC Shed in Phase-I of Okhla Industrial Area.

This quarterly certification process ensures transparency and regulatory compliance in the dematerialization of securities, providing investors with confidence in the proper handling of their shareholdings.