Sunrise Efficient Marketing Limited shareholders ratified the appointment of Mr. Pinkal Sureshbhai Pancholi as Whole-Time Director during the company's 6th Annual General Meeting (AGM) held on September 24, 2026. The approval formalizes his role following a board appointment earlier in the year.

The ratification was passed based on voting results and the Scrutinizer's Report presented at the meeting. This action complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates shareholder approval for such appointments.

Director profile and experience

Mr. Pancholi brings significant industry expertise to the board. He holds a B.E. in Electricals and has accumulated 24 years of experience in energy-efficient products and automation products. He initially joined the company as a Whole-Time Director on February 15, 2022.

The disclosure confirms that Mr. Pancholi is not related to any other directors of the company, ensuring independence in governance matters. The specific term of his appointment was approved and ratified by the members at the recent AGM.

Key appointment details

The company filed the intimation with BSE Limited on September 30, 2026, attaching the requisite disclosures under Part A of Schedule III of the SEBI Listing Regulations. This filing ensures transparency regarding changes in key managerial personnel.

Sunrise Efficient Marketing Limited shareholders unanimously approved the regularisation of Mr. Hitesh Gunvantbhai Desai and Mr. Nirav Manoj Kumar Desai as Non-Executive Independent Directors during the 06th Annual General Meeting held on September 24, 2026.

The appointments, initially made by the Board as Additional Directors effective January 17, 2026, have now been ratified by shareholders for a first term of five consecutive years, extending their tenure until September 23, 2031. The meeting, conducted at the registered office in Surat, Gujarat, saw zero votes cast against any resolution, reflecting complete shareholder alignment with the Board's governance decisions.

Director profiles and tenure

The regularisation follows the conclusion of the directors' initial tenure as Additional Directors. Both individuals bring distinct sector expertise to the board, complementing the company's operational needs.

Mr. Desai (Hitesh) holds qualifications including B.Com from S.P. University and specialized training in SAP R/3 systems. His background includes managing logistics contracts and ensuring compliance with ISO standards. Mr. Desai (Nirav) holds a Ph.D. in Life Sciences from Ahmedabad University and has served in leadership roles at Cadila Pharmaceuticals and Novavax joint ventures.

AGM voting outcomes and attendance

The meeting facilitated remote e-voting from September 21 to September 23, 2026, with physical voting conducted via ballot papers on the day of the meeting. CS Pinal Kandarp Shukla of M/s Dhirren R. Dave & Co served as the Scrutinizer, certifying the process as fair and transparent.

Key attendance figures from the scrutinizer's report include:

The total number of shares held by those voting represented 43.92% of the company's outstanding share capital. Promoter group members accounted for 7 attendees, while public shareholders numbered 9. No shareholders attended via video conferencing.

Other resolutions adopted

In addition to the director regularisations, members approved the adoption of audited financial statements for FY26 and the re-appointment of statutory auditors. The following ordinary and special resolutions were also considered and passed:

Mr. Lejas Hemantrai Desai served as the Chairperson of the meeting. Key managerial personnel present included Mrs. Bhranti Gaurav Desai, Chief Financial Officer, and Mrs. Nandini Patel, Company Secretary & Compliance Officer. The statutory auditor was represented by Sumit Bihani of SBMG & Co.