SofTrak Venture Investment Limited has announced a key addition to its Board of Directors through the appointment of Mrs. Manorama Jitendra Shah as an Additional Independent Director. The decision was approved during a Board meeting held on March 26, 2026, based on the recommendation of the Nomination and Remuneration Committee.

Board Meeting Details

The Board meeting commenced at 3:30 PM and concluded at 4:00 PM on March 26, 2026. The primary agenda focused on the appointment of the new independent director, which was approved unanimously by the Board members.

Appointment Particulars

Director Profile and Qualifications

Mrs. Manorama Jitendra Shah brings substantial expertise to the Board with her educational background and professional experience. She holds a BA degree and possesses over 15 years of extensive experience in the field of business management and administration. Her rich experience and knowledge are expected to add significant value to the Board and contribute to the overall growth of the company.

Regulatory Compliance and Disclosures

The appointment follows all regulatory requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Key compliance aspects include:

• Mrs. Shah is not related to any existing directors on the Board
• She holds no shareholding in the company
• The company has affirmed that she is not debarred from holding directorial positions by SEBI or any other regulatory authority
• The appointment requires subsequent approval from company shareholders

Corporate Governance Enhancement

The addition of Mrs. Shah as an Additional Independent Director strengthens the company's corporate governance framework. Independent directors play a crucial role in providing objective oversight and bringing diverse perspectives to board discussions. Her appointment demonstrates the company's commitment to maintaining robust governance standards and enhancing board effectiveness through experienced leadership.

Softrak Venture Investment Limited has informed BSE Limited about the successful completion of its independent directors meeting held on March 14, 2026, in accordance with regulatory requirements under SEBI LODR Regulations.

Meeting Details and Compliance

The independent directors meeting was conducted pursuant to Regulation 25(3) of the Securities and Exchange Board of India (LODR) Regulations, 2015, read with Schedule IV of the Companies Act, 2013. The meeting took place at the company's registered office located at 201, Moon light Shopping Centre, Near Maruti Towers, Drive in Road, Memnagar, Ahmedabad.

Key Agenda Items Reviewed

The independent directors present at the meeting transacted several important business items as part of their annual review process for Financial Year 2025-26:

• Board Performance Review: The directors conducted a comprehensive review of the performance of non-independent directors and evaluated the board of directors as a whole
• Chairperson Assessment: They reviewed the performance of the chairperson, taking into account perspectives from both executive directors and non-executive directors
• Information Flow Evaluation: The meeting assessed the quality, quantity, and timeliness of information flow between the company's management and the board of directors

Regulatory Framework

This meeting represents a mandatory requirement under the current regulatory framework, ensuring that independent directors can effectively perform their oversight duties. The assessment of information flow between management and the board is particularly crucial for enabling directors to make informed decisions and fulfill their fiduciary responsibilities.

Corporate Communication

The outcome was formally communicated to BSE Limited by Managing Director Raghvendra Kulkarni (DIN: 06970323), ensuring compliance with disclosure requirements under Regulation 30 of the SEBI LODR Regulations. The company maintains its registered office in Ahmedabad and operates under CIN: L99999GJ1993PLC020939.