Sindhu Trade Links Limited announced that Ramesh Shah ceased to be a Non-executive Independent Director on September 26, 2026. The departure follows the conclusion of his second term at the company's 34th Annual General Meeting.

The company filed a disclosure with BSE and NSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that Shah's tenure ended automatically upon the expiry of his statutory limit for independent directorship.

Cessation details

Ramesh Shah (DIN No. 00029864) served as an Independent Director until the close of the AGM held on Saturday, September 26, 2026. The cessation was due to the completion of his second term, a standard regulatory requirement for independent directors in India.

In a letter to the Board, Shah expressed gratitude for the opportunity to serve. He highlighted the constructive deliberations and mutual respect that characterized his tenure. He noted the collective efforts of the Board in steering the company through various opportunities and challenges.

Governance and compliance

The disclosure was signed by Suchi Gupta, Company Secretary & Compliance Officer. The filing included the requisite details as per Clause 7 of Para A of Part A of Schedule III of the SEBI Listing Regulations. It also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30, 2026.

Shah wished the company continued growth and prosperity under the leadership of the Board and management. He emphasized his confidence in the company's ability to create enduring value for shareholders and stakeholders.

Sindhu Trade Links Limited has received listing approval from the National Stock Exchange of India Limited and BSE Limited for 30,04,55,030 equity shares. The shares were allotted on a preferential basis pursuant to a swap of shares.

The company notified the exchanges on September 18, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The National Stock Exchange granted in-principle approval on September 17, 2026, followed by listing approval from BSE Limited on the same date.

Share Details

The approved shares have a face value of ₹1 each. They were issued at a premium of ₹22.20 per share. The distinctive numbers for these shares range from 1,54,19,28,781 to 1,84,23,83,810.

Next Steps

Listing and admission to dealings are subject to confirmation from the depositories. The company must receive credit confirmations from National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) regarding the beneficiaries' accounts.

The company is required to file an application for trading approval within seven working days of receiving the listing approval. This filing must include confirmation letters from NSDL and CDSL regarding the credit of shares and any applicable lock-in of pre-preferential holdings.