Toyam Sports Limited has officially announced a board meeting scheduled for January 8, 2026, to review and approve the company's financial performance for the second quarter of fiscal year 2026. The announcement was made through formal communication to stock exchanges on January 4, 2026, demonstrating the company's commitment to regulatory compliance and transparent corporate governance.

Board Meeting Details

The board meeting will be held at the company's registered office on Thursday, January 8, 2026. The meeting has been convened under Regulation 29 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, ensuring proper advance notice to market participants and stakeholders.

Financial Results Review Agenda

The board will consider and approve several critical financial documents during the meeting. The primary focus will be on the company's performance for the quarter and half-year ended September 30, 2025, providing stakeholders with comprehensive insights into the company's financial health.

The meeting agenda includes:

• Standalone and consolidated unaudited financial results for Q2FY26 under Regulation 33 of SEBI (LODR) Regulations, 2015
• Limited review report on the quarterly and half-yearly results
• Additional business matters with chairperson approval

Trading Window Restrictions

Toyam Sports Limited has implemented trading window closure measures in accordance with its internal code of conduct. The company's designated persons are restricted from trading in company securities during this period to ensure fair disclosure practices and compliance with insider trading regulations.

The trading window will remain closed until 48 hours after the official declaration of financial results for the quarter and half-year ended September 30, 2025, ensuring market integrity and fair disclosure practices.

Regulatory Compliance Framework

The board meeting notification has been formally submitted to both the Bombay Stock Exchange and The Metropolitan Stock Exchange of India Limited. The communication was signed by Company Secretary Nayan Sablok and includes proper digital authentication, demonstrating adherence to modern corporate governance standards.

The meeting follows Regulation 29 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, which mandates prior intimation of board meetings to stock exchanges. This regulatory framework ensures transparency and provides adequate notice to market participants about upcoming corporate developments.

Toyam Sports Limited has concluded its board meeting held on December 15, 2025, at the company's registered office, resulting in significant changes to its board composition. The meeting, which commenced at 5:00 PM and concluded at 7:15 PM, addressed key corporate governance matters including director appointments and resignations.

Board Meeting Outcomes

The company's board of directors transacted important business during the December 15, 2025 meeting, focusing on board composition changes following the Nomination and Remuneration Committee's recommendation:

Committee Recommendation Process

The Nomination and Remuneration Committee of the Board of Directors at its meeting held on December 15, 2025, recommended the appointment of Mr. Cheerag Kumar J Jain as a Non-Executive Independent Director of the company. The board subsequently considered and approved this recommendation with effect from December 15, 2025.

New Director Profile

Mr. Cheerag Kumar J Jain brings substantial expertise to the board with his educational background and professional experience. He holds a B.Com degree and has cleared the CA Inter level, accumulating over 10 years of experience in tax and finance advisory roles.

His extensive experience includes working closely with business and professional service teams to resolve complex finance issues and negotiate terms and conditions for final financial contracts.

Corporate Governance and Compliance

The board also formally acknowledged the resignation of Mr. Kailas Yadav Tilkoo from his position as Executive Director, submitted through his resignation letter dated September 10, 2025. This resignation was officially noted during the December 15, 2025 board meeting.

The company has confirmed that Mr. Cheerag Kumar J Jain is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority, in accordance with the circular dated June 20, 2018, issued by the Stock Exchanges. The term of his appointment as an independent director will be next ensuing general meeting of the company.

Regulatory Compliance

Company Secretary Nayan Sablok has communicated the board meeting outcomes to both the Bombay Stock Exchange and The Metropolitan Stock Exchange of India Limited on December 18, 2025, ensuring compliance with Regulation 30 requirements. Toyam Sports trades under security code 538607 with security ID TOYAMSL on the respective exchanges.

The appointment of Mr. Cheerag Kumar J Jain as Non-Executive Independent Director demonstrates the company's commitment to strengthening its board composition and enhancing corporate governance practices in line with applicable regulatory requirements.