Sahasra Electronic Solutions Limited announced changes to the board of its subsidiary, Sahasra Semiconductors Private Limited, effective May 23, 2026. Mrs. Smita Vikram Desai resigned from her position as a non-executive director due to health issues, and Mr. Vikram Manubhai Desai was appointed as an Additional Non-Executive Director to hold office until the next annual general meeting.

The resignation of Mrs. Smita Vikram Desai (DIN: 00371024) was accepted by the Board of Directors of Sahasra Semiconductors Private Limited during a meeting held on May 23, 2026. The Board placed on record its appreciation for her assistance and guidance during her tenure.

Following the vacancy, Mr. Vikram Manubhai Desai (DIN: 00370992) was appointed as an Additional Non-Executive Director. His appointment was made pursuant to the provisions of Section 161 of the Companies Act, 2013, and the recommendation of the Nomination and Remuneration Committee. Mr. Desai brings administration experience and leadership skills to the role.

The disclosure was made to the National Stock Exchange of India Limited on May 25, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the necessary annexures, including the consent letter of the newly appointed director and the board resolution.

Key Directorial Changes

sahasra electronic solutions announced that its subsidiary, Sahasra Semiconductors Private Limited, has dedicated Rajasthan's first Semiconductor ATMP (Assembly, Testing, Marking and Packaging) facility. Located in Bhiwadi, Rajasthan, the facility is also recognized as the first SME-led ATMP facility in the nation and the first Indian Memory Packaging facility dedicated to the country.

The virtual dedication ceremony was graced by the Hon'ble Chief Minister of Rajasthan, Shri Bhajan Lal Sharma, as the Chief Guest. The event saw the presence of Hon'ble Union Minister Shri Ashwini Vaishnaw and Hon'ble Union Minister Shri Bhupender Yadav. Other dignitaries included Shri Sanjay Sharma, Minister for Forest Department, Environment and Climate Change Department, Science and Technology Department, Government of Rajasthan, and Shri S. Krishnan, Secretary, MeitY, Government of India.

To commemorate the occasion, the company flagged off shipments destined for Germany and Nepal. This step underscores Sahasra's growing global footprint and India's increasing role in the international semiconductor and electronics supply chain. The shipment symbolizes the emergence of India as a trusted global hub for high-technology manufacturing and semiconductor packaging solutions.

Mr. Amrit Manwani, Chairman & Managing Director of Sahasra Group, expressed gratitude to the government and stakeholders. He stated that the dedication of the facility reflects the company's commitment to innovation, quality, and strengthening India's role in the global electronics and semiconductor supply chain, inspired by the vision of Aatmanirbhar Bharat and Make in India.

The facility is equipped with advanced manufacturing and quality systems designed to support high-reliability and globally compliant semiconductor and electronics solutions. Sahasra's progress is backed by government schemes such as Make in India, Atmanirbhar Bharat, PLI, and SPECS, reinforcing India's emergence as a trusted global hub for high-value electronics and semiconductor manufacturing.