Shangar Decor Limited appointed Mr. Darshil Hemendrakumar Shah and Mr. Konark Patel as Independent Directors (Non-Executive) at its Extra-ordinary General Meeting (EGM) held on June 30, 2026. The meeting was convened through video conferencing and other audio-visual means to transact special business regarding the company's board composition. These appointments are subject to the approval of shareholders through special resolutions.

The EGM was chaired by Mr. Moulin Shah, Director of the company, who ascertained the requisite quorum before proceeding with the agenda. The business conducted included the appointment of two new independent directors to strengthen the governance framework of Shangar Decor . The e-voting facility was made available to members to cast their votes on the resolutions.

Appointments Approved

The shareholders considered the appointment of the following individuals as Independent Directors (Non-Executive):

The meeting concluded at 11:39 AM on the same day. While the proceedings have been summarized, the detailed voting results pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the scrutinizer's report under Section 108 of the Companies Act, 2013, will be submitted to the exchange separately once declared by the Chairman.

Shangar Decor Limited has established June 23, 2026, as the cut-off date to determine shareholder eligibility for its Extra-Ordinary General Meeting (EGM) scheduled for June 30, 2026. The meeting seeks approval for the appointment of two Independent Directors, Mr. Darshil Hemendrakumar Shah and Mr. Konark Patel, for a five-year term. This governance update is critical for maintaining compliance with regulatory standards for board composition.

The EGM will be held via video conferencing at 11:30 AM IST. Shareholders holding shares as of the cut-off date are entitled to vote. The company is providing a remote e-voting facility to ensure broad participation, in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 of the Companies Act, 2013.

Key Meeting Details

Proposed Appointments

The resolutions propose appointing Mr. Darshil Hemendrakumar Shah (DIN: 09013533) and Mr. Konark Patel (DIN: 10832659) as Non-Executive Independent Directors. Their tenure is effective from April 3, 2026, to April 2, 2031. Both directors have declared they meet the independence criteria under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI (LODR) Regulations, 2015. They will not be liable to retire by rotation.