Titan appoints Srinivasan Varadarajan as Independent Director

Titan Company Ltd has appointed Mr. Srinivasan Varadarajan as an Independent Director following approval through a postal ballot process. The resolution was passed as a special resolution with the requisite majority, securing 99.78% of the valid votes cast. The appointment strengthens the company's board governance structure.

The remote e-voting process commenced on May 25, 2026, and concluded on June 23, 2026. A total of 4,153 members participated, casting 76,31,39,610 votes, which represents 85.96% of the total paid-up equity capital as on the cut-off date of May 15, 2026. The scrutinizer's report confirmed the validity of the voting process, which was conducted exclusively through electronic means.

Voting Breakdown

The resolution received overwhelming support across all shareholder categories. Promoters and the promoter group cast 100% of their votes in favour, while public institutions and public non-institutions also supported the appointment with 99.33% and 99.99% of their respective votes.

Category	Votes For	Votes Against	% For	% Against
Promoter and Promoter Group	46,96,01,920	0	100.00	0.00
Public Institutions	24,41,60,352	16,53,336	99.33	0.67
Public Non Institutions	4,77,17,062	6,940	99.99	0.01
Total	76,14,79,334	16,60,276	99.78	0.22

Procedural Details

The postal ballot notice was dispatched on May 22, 2026, via email to members whose contact details were available. The voting was conducted in compliance with Section 110 of the Companies Act, 2013, and the relevant rules. The scrutinizer, V Sreedharan & Associates, verified the votes and confirmed the results on June 24, 2026. No invalid votes were recorded during the process.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.75%	-2.04%	+5.18%	+9.77%	+21.70%	+140.97%

Titan Company Ltd has appointed Dr. S Vijayakumar as Chairman and Additional Director on its Board, effective June 29, 2026. The appointment follows a nomination received from Tamilnadu Industrial Development Corporation Limited (TIDCO), a co-promoter of the company. The Board approved the appointment via a circular resolution dated June 22, 2026.

Dr. S Vijayakumar will hold office as a Non-Executive, Non-Independent Director and is liable to retire by rotation. The company will seek shareholder approval for the appointment in the forthcoming Annual General Meeting, as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR).

Profile of the Appointee

Dr. S Vijayakumar is a 1993 batch IAS officer who has held key positions in various departments of the Government of Tamil Nadu. Presently, he serves as the Additional Chief Secretary to Government, Industries, Investment Promotion and Commerce Department. His previous roles include Additional Chief Secretary/Commissioner of Land Reforms in Chennai and Additional Chief Secretary/Chairman and Managing Director of Tamilnadu Urban Infrastructure Financial Services Limited.

Key Details of Appointment

Detail	Information
Name	Dr. S Vijayakumar, IAS
DIN	01764064
Designation	Chairman and Additional Director
Director Type	Non-Executive, Non-Independent Director
Nominee of	Tamilnadu Industrial Development Corporation Limited (TIDCO)
Effective Date	June 29, 2026
Tenure	Liable to retire by rotation

The company disclosed that Dr. S Vijayakumar is not related to any Director, Key Managerial Personnel, or Promoters of Titan Company Ltd. Furthermore, he is not debarred from accessing the capital markets or restrained from holding the position of Director in any listed company by any order of SEBI or other authorities.