Shashijit Infraprojects appointed Ms. Asha Shravankumar Khedia and Mr. Santosh Kumar Purohit as additional non-executive, independent directors on August 24, 2026.

The Board made the appointments following a recommendation from the Nomination and Remuneration Committee. Both appointees will serve five-year terms subject to shareholder approval at the upcoming annual general meeting.

Appointee Profiles

Ms. Khedia brings over 13 years of experience in corporate governance, taxation, and regulatory compliance. She is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI).

Mr. Purohit contributes more than 35 years of experience in civil engineering and construction consultancy. He holds a Bachelor of Engineering degree in Civil Engineering.

Regulatory Compliance

The company confirmed that both individuals meet the independence criteria under the Companies Act, 2013 and SEBI Listing Regulations. Neither director is related to existing board members or debarred by regulatory authorities.

The appointments comply with Regulation 30 of the SEBI (LODR) Regulations, 2015. The disclosure was filed with the Bombay Stock Exchange on August 24, 2026.

Shashijit Infraprojects Limited has updated stakeholders on the status of its ongoing legal dispute concerning a leased property acquired from Vapi Municipal Corporation (erstwhile Vapi Nagar Palika). The matter remains pending before the Hon'ble High Court of Gujarat, with the next hearing scheduled for August 14, 2026. No final order or decision on the merits of the case has been issued by the court as of July 27, 2026.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026. This filing follows earlier disclosures made by the company on February 15, 2024, June 4, 2026, June 20, 2026, and July 7, 2026, regarding the same proceedings.

Legal Proceedings Timeline

The company provided specific details regarding the recent developments in the litigation:

Neha Mewara, Company Secretary & Compliance Officer of Shashijit Infraprojects Limited, confirmed that the proceedings continue to remain pending. The company stated that there is no change in the status requiring immediate financial provisioning beyond what may have been previously disclosed, as no settlement terms, compensation, or penalties have been finalized.

Regulatory Compliance

The information has been submitted to the Department of Corporate Services at BSE Limited, where Shashijit Infraprojects Limited is listed under Scrip Code 540147 and Security ID SHASHIJIT. The full details are also available on the company’s website at www.shashijitinfraprojects.com .

What the Numbers Show

While this disclosure does not contain new financial metrics, the continued pendency of the lease dispute highlights an operational risk factor for Shashijit Infraprojects Limited. Investors should monitor future filings for any orders passed on August 14, 2026, which could impact the company’s access to the leased property or result in financial liabilities if a penalty or compensation is awarded.