Sueryaa Knitwear Limited's Board of Directors has approved the re-designation of Mr. Shailesh Miyanbazaz and the appointment of Ms. Aliva Dey as Chairperson, effective July 09, 2026. The changes, ratified during a board meeting, align with the recommendations of the Nomination and Remuneration Committee.

Mr. Shailesh Miyanbazaz (DIN: 10805735) transitions from the role of Additional Director (Category: Executive) to Additional Director (Category: Non-Executive). His re-designation is subject to shareholder approval at the upcoming general meeting. Ms. Aliva Dey (DIN: 10805742), previously Whole-time Director, has been designated as the Chairperson of the Company.

The re-designation of Mr. Miyanbazaz entails a shift in his remuneration structure, which will be mutually decided between the Board and the Director. He brings 16 years of experience in finance, accounts, and apparel manufacturing, holding an MSc. (Hons.) in International Business Management from Manchester Business School, United Kingdom.

Disclosures confirm that Mr. Miyanbazaz is not related to any other directors or Key Managerial Personnel on the Board. Furthermore, he is not debarred from holding the office of director by any order from SEBI or other authorities.

Board Changes Summary

The requisite disclosures were made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sueryaa Knitwear Limited accepted the resignation of Ms. Manshi Sharma as a Non-Executive Director effective July 01, 2026, due to personal exigencies. The decision was taken during a Board meeting held on Wednesday, July 01, 2026, at the company's Registered Office in Ludhiana. Consequently, the Board has reconstituted its key committees to ensure continued governance.

Ms. Sharma tendered her resignation citing personal reasons, confirming there were no other material factors for her departure. The disclosure was submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

In the wake of the resignation, the Board approved changes to the composition of the Nomination and Remuneration Committee and the Stakeholder's Relationship Committee. These changes are effective from July 01, 2026.

Committee Reconstitution Details

The Nomination and Remuneration Committee now comprises Mr. Sahil Mahawar as Chairperson, with Ms. Aliva Dey and Mr. Vishnu Agarwal serving as members. Similarly, the Stakeholder's Relationship Committee has been restructured with Mr. Sahil Mahawar as Chairperson, Ms. Aliva Dey as a member, and Mr. Vishnu Agarwal appointed as a new member.

Mr. Sahil Mahawar was re-designated as Chairperson of both committees. Mr. Vishnu Agarwal was inducted as a member of the Stakeholder's Relationship Committee. The filing was signed by Honey Agarwal, Company Secretary & Compliance Officer.