Sunita Tools Limited has appointed Satish Kumar Pandey as its Managing Director effective September 30, 2026. The appointment, for a term of five years, is subject to shareholder approval and follows the expiry of his previous term in May 2026.

The Board of Directors also approved remuneration packages for two other key directors: Sanjay Kumar Pandey as Whole Time Director and Ragini Pandey as Whole Time Director. Both appointments are similarly contingent upon obtaining necessary shareholder consent.

Director profiles and experience

Satish Kumar Pandey, aged 54, is a promoter of the company and brings over three decades of experience in the moulds and dies industry. He holds a Bachelor of Commerce degree from Mumbai University and has been integral to formulating and implementing the company's business and marketing strategies since joining the board on October 1, 1993.

The disclosure highlights significant familial relationships among the leadership team:

• Sanjay Kumar Pandey is the brother of Satish Kumar Pandey.
• Ragini Pandey is the wife of Satish Kumar Pandey.
• Uma Pandey is the sister-in-law of Satish Kumar Pandey.

Other directorships

Satish Kumar Pandey holds directorships in other entities within the group structure, specifically:

• Sunita Leoquip Aerospace Pvt Ltd
• Sunita Imperial Aerospace Pvt Ltd

Governance and compliance details

The board meeting was held on Wednesday, September 30, 2026, commencing at 4:00 pm and concluding at 4:30 pm. The decisions were taken pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company filed a detailed annexure disclosing qualifications, expertise, and relationships for the appointed directors, ensuring transparency in line with regulatory requirements. The appointment of Satish Kumar Pandey marks a continuation of promoter-led management, with his role focused on strategic direction and operational oversight in the manufacturing sector.

Sunita Tools Limited shareholders approved a special resolution to raise capital through permissible methods at its 39th annual general meeting held on September 8, 2026.

The company also secured approval for ordinary resolutions to adopt audited financial statements for FY26 and reappoint Satish Kumar Pandey as a director liable to retire by rotation. All four resolutions on the agenda were passed with requisite majority.

Voting Results

Shareholders holding shares as on the record date of September 1, 2026, were eligible to vote. A total of 1,931 shareholders were on record. Participation was primarily through remote e-voting and video conferencing, with no physical attendees recorded.

Promoter group participation was significant, with 81.92% of their holdings casting votes. All promoter votes were cast in favour of the resolutions. Public non-institutional shareholders polled 6.41% of their holdings, with only one vote cast against the resolutions.

Resolutions Passed

The scrutinizer report submitted by CS Satyajit Mishra confirmed the outcome of the voting process conducted via NSDL’s e-voting platform. The key decisions included:

• Adoption of standalone and consolidated audited financial statements for the year ended March 31, 2026.
• Reappointment of Managing Director Satish Kumar Pandey.
• Approval for raising capital through permissible means under a special resolution.

No invalid votes were recorded across any category. The meeting was conducted in compliance with SEBI Listing Regulations and the Companies Act, 2013.