SK Minerals & Additives Limited has scheduled its first Extra-Ordinary General Meeting (EGM) for Financial Year 2026-27 on June 19, 2026, to seek shareholder approval for the regularization and re-appointment of independent directors. The meeting, to be held via Video Conferencing, will address three special resolutions regarding the composition of the Board.

The Board recommends the appointment of Dr. Ashish Mathur (DIN: 09504105) as a Non-Executive Independent Director. Initially appointed as an Additional Director on March 24, 2026, his regularization is sought for a term of one year commencing from the same date. The company has received the necessary declarations confirming his eligibility and independence under the Companies Act, 2013, and SEBI LODR Regulations.

Shareholders will also vote on the re-appointment of Ms. Lakshmi Shankarnarayanan Iyer (DIN: 10961641) and Mr. Ramit Sikka (DIN: 09253518) as Independent Directors for second terms of five consecutive years each. Ms. Iyer's term is proposed to commence from February 25, 2026, while Mr. Sikka's term will commence from March 29, 2026. Both directors were re-appointed by the Board on March 24, 2026, following recommendations from the Nomination & Remuneration Committee.

Director Appointments

Remote e-voting will be open from June 16, 2026, at 09:00 AM (IST) to June 18, 2026, at 05:00 PM (IST). Shareholders registered as on the record date of June 11, 2026, are eligible to vote. The facility for appointing proxies will not be available as the meeting is conducted through VC/OAVM.

SK Minerals & Additives Limited has announced that its board of directors will meet on June 1, 2026. The primary agenda of the meeting is to consider and evaluate a proposal for raising funds.

Fund Raising Proposal

The board will discuss raising capital through the issuance of warrants, equity shares, and/or other eligible securities. The company plans to utilize permissible modes, including preferential issue, private placement, or other methods permitted under applicable laws.

Regulatory Framework

The proposed fund raising will be conducted in accordance with the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The issuance may be executed in one or more tranches, either individually or in combination.

Key Meeting Details

The initiative is subject to the receipt of statutory, regulatory, and corporate approvals. The company confirmed the development in a regulatory filing.