Sukhjit Starch & Chemicals Ltd has re-appointed Sh. Kuldip Krishan Sardana as Managing Director effective August 26, 2026, subject to shareholder approval at its Annual General Meeting. The Board also recommended the re-appointment of Smt. Shalini Umesh Chablani as a Non-Executive Director and the appointment of two new Independent Directors to strengthen governance. These changes are pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Appointments

Sh. Kuldip Krishan Sardana (DIN: 00398376) has been re-appointed as Managing Director. He retires by rotation at the upcoming AGM, and his existing term expires on September 30, 2028. Smt. Shalini Umesh Chablani (DIN: 00885883) has been recommended for re-appointment as a Non-Executive Director for a term of three years, effective from September 1, 2026, to August 31, 2029.

New Independent Directors

The Board proposed the appointment of Sh. Anil Sikka (DIN: 11746104) and Sh. Sanjeev Kumar (DIN: 10783179) as Non-Executive Independent Directors for a five-year term. Their tenure is scheduled from August 26, 2026, to August 25, 2031. Sh. Anil Sikka is a B.E. (Mechanical) with over 40 years of experience in operations management, currently serving as Senior Advisor to McKinsey & Co Inc. Sh. Sanjeev Kumar is a B.E. and M.E. (Electrical) from Panjab University, retired as Chief Engineer from PSPCL with 34 years of service.

Sukhjit Starch & Chemicals Ltd has scheduled a meeting of its Board of Directors for July 7, 2026, to consider the audited financial results for the financial year ended March 31, 2026. The meeting will also deliberate on fixing the date for the Annual General Meeting (AGM) and determining the record date or book closure for the same purpose.

The Board is set to approve the notice and agenda for the AGM along with the Directors' Report. Additionally, the directors will consider the appointment of two new Independent Directors to replace those whose tenure is expiring, subject to shareholder approval.

In accordance with regulatory norms, the trading window for dealing in the securities of the company has been closed for all Directors, Officers, Designated Persons, and their immediate relatives effective July 1, 2026. This window will remain shut until 48 hours after the announcement of the financial results.

The meeting agenda covers key corporate governance requirements, including the finalization of accounts for FY26 and succession planning for the board. The appointment of new Independent Directors is intended to fill vacancies arising from the expiry of the terms of the existing incumbents.

Shareholders will be required to vote on the appointment of the new Independent Directors at the upcoming AGM. The company will communicate the specific dates for the AGM and the record date following the Board's decision on July 7, 2026.