Siddha Ventures Limited appointed Ms. Chaitali Paul as an Independent Director for a five-year term, effective September 28, 2026. The appointment is subject to shareholder approval at the ensuing Annual General Meeting.

The Board of Directors approved the move on September 3, 2026, based on the recommendation of the Nomination and Remuneration Committee. This action complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ms. Paul holds a Bachelor's Degree in Commerce and is an Indian citizen. Her tenure will run from the conclusion of the upcoming Annual General Meeting until the conclusion of the 40th Annual General Meeting for the financial year ending March 31, 2031.

Appointment Details

The company disclosed that there are no relationships between directors relevant to this appointment. The filing was signed by Nikita Agarwal, Company Secretary and Compliance Officer.

Siddha Ventures Limited has appointed M/s. Vidhya Baid & Co as its Secretarial Auditor for a five-year term. The Board of Directors approved the appointment during its meeting held on September 3, 2026, at its registered office in Kolkata.

The appointment is subject to shareholder approval at the company's 35th Annual General Meeting, scheduled for September 28, 2026. The term will commence from the conclusion of this AGM and extend until the conclusion of the 40th AGM in FY31.

Auditor Profile and Compliance

The appointment was made based on the recommendation of the Audit Committee and pursuant to Section 204 of the Companies Act, 2013, and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

M/s. Vidhya Baid & Co holds Membership No. 8882 and CP No. 8686. The firm specializes in secretarial audit, due diligence, and corporate compliance management. Ms. Vidhya Baid, the proprietor, is a Fellow Member of the Institute of Company Secretaries of India and a registered Insolvency Professional. The firm holds a valid certificate from the Peer Review Board of ICSI and has over 15 years of professional experience.

The disclosure stated that there are no relationships between the directors and the appointed auditor.

Other Board Approvals

The meeting also addressed several other governance matters. The board recommended the re-appointment of Mr. Pradeep Sethia, who is retiring by rotation under section 152(6) of the Companies Act, 2013. His appointment requires shareholder approval at the ensuing AGM.

Additionally, the board considered the appointment of Ms. Chaitali Paul as an Independent Women Director. If approved, her tenure will span five years, from the conclusion of the current AGM until the conclusion of the 40th AGM in FY31.

M/s. Vidhya Baid & Co will also serve as the Scrutinizer for the voting process at the upcoming AGM. The board authorized Mr. Siddharth Sethia, Mr. Laxmipat Sethia, and Ms. Nikita Agarwal to manage the entire poll and e-voting process.