ANIK Industries Appoints Mahesh Kumar Sharma as Additional cum Executive Director

Anik Industries Limited has announced the appointment of Mr. Mahesh Kumar Sharma as Additional cum Executive Director for a four-year term effective January 20, 2026. The decision was approved during the Board of Directors meeting held on January 20, 2026, at the company's corporate office in Indore.

Board Meeting Outcomes

The Board of Directors meeting, which commenced at 4:00 PM and concluded at 5:00 PM on January 20, 2026, approved the appointment following recommendation from the Nomination and Remuneration Committee. The appointment is subject to approval by members in the ensuing General Meeting of the Company.

Parameter:	Details
Appointee:	Mr. Mahesh Kumar Sharma
DIN:	09078331
Position:	Additional cum Executive Director
Term Duration:	Four consecutive years
Effective Date:	January 20, 2026
End Date:	January 19, 2030

Director Profile and Experience

Mr. Mahesh Kumar Sharma brings substantial experience to his new role, with over 24 years of diversified experience in steering financial operations and due diligence across various industries. He holds a master's degree in law and has been associated with ANIK Industries Limited since 2018.

Qualification:	Details
Experience:	24+ years in financial operations
Education:	Master's in Law
Company Association:	Since 2018
Expertise:	Financial operations & due diligence

Regulatory Compliance

The company has confirmed that Mr. Mahesh Kumar Sharma is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority. He is therefore not disqualified to be appointed as Additional cum Executive Director of the Company. The appointment complies with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Directorship Details

According to the disclosure made under regulatory requirements, Mr. Mahesh Kumar Sharma does not currently hold directorship positions in any other listed entities or memberships in board committees of other companies.

Current Directorships:	Status
Other Listed Companies:	Nil
Category of Directorship:	Nil
Board Committee Memberships:	Nil

The appointment strengthens ANIK Industries Limited's leadership team with experienced financial expertise as the company continues its operations in the industrial sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.36%	+10.38%	-7.45%	-50.89%	-52.93%	+216.96%

Anik Industries Limited announced the unexpected passing of its Whole-Time Director, Mr. Shivam Asthana, on Wednesday, October 29, 2025. The company informed the National Stock Exchange and BSE Limited about this development in compliance with regulatory requirements.

Key Details

Information	Details
Name	Mr. Shivam Asthana
Position	Whole-Time Director
DIN	06426864
Date of Passing	October 29, 2025

Company's Statement

Anik Industries described Mr. Asthana's passing as sudden and unexpected, terming it an "irreparable loss" to the company. The board of directors and employees have conveyed their deep sympathy, sorrow, and condolences to his family.

Impact on the Company

Mr. Asthana had a long association with Anik Industries Limited. The company acknowledged that his vision and leadership during his tenure on the board had immensely benefited the organization. His sudden demise is expected to leave a significant void in the company's leadership.

Regulatory Compliance

In accordance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, Anik Industries has provided the necessary disclosures to the stock exchanges. The company's Company Secretary & Compliance Officer, Ankur Bindal, signed the official intimation.

This unfortunate event marks a significant change in Anik Industries' leadership structure. As the company navigates this loss, stakeholders will be watching closely for any announcements regarding succession plans or interim arrangements to fill the position left vacant by Mr. Asthana's untimely demise.