Swaraj Suiting Limited announced that Mrs. Annie Zuberi Khan will cease to be an Independent Director of the company effective October 4, 2026. Her departure marks the completion of her first term of five consecutive years in the role.

The company filed this intimation with both the National Stock Exchange of India Limited and BSE Limited under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The cessation is scheduled to take effect from the closure of business hours on October 4, 2026.

Regulatory Disclosure Details

The Board of Directors and Management expressed their sincere appreciation for the valuable contributions, guidance, and support extended by Mrs. Khan during her association with the company. The disclosure follows standard corporate governance protocols regarding director tenures.

Compliance and Governance Context

This change adheres to the mandatory rotation policy for Independent Directors under Indian corporate law, which limits initial terms to five years. The company confirmed that requisite details were enclosed in Annexure-A as per the Securities and Exchange Board of India Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026, issued on July 11, 2023, and last updated on January 30, 2026.

The filing was signed by Rahul Kumar Verma, Company Secretary and Compliance Officer, on October 4, 2026. No new appointment was announced alongside this cessation in the provided disclosure.

Swaraj Suiting Limited shareholders approved the appointment and re-appointment of two independent directors during its 23rd Annual General Meeting held on September 30, 2026.

The approvals follow a board recommendation from September 6, 2026. The resolutions concern the tenure of Non-Executive Independent Directors, ensuring continued governance oversight for the textile manufacturer.

Director appointments and tenures

The shareholders passed special resolutions to formalize the roles of two key governance figures. Mrs. Amreen Sheikh was re-appointed for a second term, while Mr. Manoj Mansinghka was appointed for his first term. Both terms span five consecutive years and are not liable to retire by rotation.

Professional backgrounds

Mrs. Sheikh brings expertise in corporate governance and compliance. She holds B.Com and M.Com degrees from M.D.S. University, Ajmer, and is a qualified Company Secretary. She is currently associated with M/s Obra-C Badaun Transmission Limited in a similar capacity, with experience in accounts, taxation, and regulatory matters.

Mr. Mansinghka offers extensive industry-specific knowledge. A Commerce Graduate with a Diploma in Export & Import Trade Business from K.C. College, Mumbai, he is the Founder and Promoter of Sharda Syncotex Private Limited. He possesses over 28 years of experience in the textile industry, specializing in weaving and spinning segments. Under his leadership, Sharda Syncotex was recognized as a One Star Export House by the Directorate General of Foreign Trade (DGFT).

Compliance and disclosures

Both directors confirmed they are not debarred from holding office by any SEBI order or other authority. No relationships were disclosed between the directors inter-se. The company filed these details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.