Anka India Limited has strengthened its leadership structure with multiple key appointments approved during a board meeting held on March 05, 2026. The appointments, made on the recommendation of the Nomination and Remuneration Committee, span across board positions and key management roles.

Board Leadership Changes

The company has appointed several new directors to enhance its governance structure:

Mr. Spark Sood brings over eight years of experience in corporate finance, compliance, and audit management. He holds a B.Com (Honours) degree from the University of Delhi and has been associated with the company for more than three years. His previous experience includes roles at PricewaterhouseCoopers India and Vivo India.

Independent Directors' Expertise

Mrs. Sonal Jain, appointed as Additional Independent Director, is a Fellow Member of the Institute of Company Secretaries of India (FCS) and Law Graduate with over a decade of experience in corporate and allied laws. Her expertise encompasses corporate compliance, trademark registration, FEMA regulations, and POSH compliance. She currently serves as an Independent Director on the boards of Susan India Electricals Limited and Saroja Pharma Industries India Limited.

Mr. Dilip Kumar Choudhary, also appointed as Additional Independent Director, is a Fellow Member of the Institute of Company Secretaries of India and Founder of M/s Dilip Kumar & Associates, Practicing Company Secretaries. He brings over a decade of experience in legal, secretarial, finance, and FEMA matters, with expertise in business analysis, mergers and acquisitions, and corporate restructuring.

Key Management Personnel Appointments

The board also approved critical management appointments to strengthen operational leadership:

Mr. Bharat Sarin, the new CFO, holds an MBA in Finance and Bachelor's degree in Law, along with CA Intermediate qualification. His expertise spans corporate finance, financial reporting, compliance, and business planning, with strong capabilities in financial management and regulatory compliance.

Mr. Sameer Kumar brings extensive experience in corporate governance and regulatory compliance. As an Associate Member of the Institute of Company Secretaries of India, he has previously worked with BLS International Services Limited, Omaxe Limited, Kabir Group, and CMYK Printech Limited.

Regulatory Compliance and Next Steps

All director appointments are subject to shareholder approval for five-year terms. The company has confirmed that none of the appointed directors are debarred from holding directorial positions by SEBI or any other regulatory authority. The board meeting commenced at 05.00 PM and concluded at 06.30 PM on March 05, 2026.

These strategic appointments reflect the company's commitment to strengthening its governance framework and operational capabilities across key functional areas.

Alka India Limited has announced a board meeting scheduled for February 19, 2026, to deliberate on fund raising proposals. The company formally notified BSE Limited on February 16, 2026, under Regulation 29 and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details and Purpose

The board meeting will focus on considering various fund raising options for the company. The proposal encompasses multiple financing instruments and methods to raise capital for business operations and growth initiatives.

Fund Raising Options Under Consideration

The board will evaluate multiple securities and funding mechanisms during the meeting. The comprehensive proposal includes various financial instruments designed to provide flexibility in capital raising strategies.

Securities Under Consideration:

• Equity shares
• Equity linked instruments
• Warrants
• Convertible securities other than warrants
• Other eligible securities as permitted

Proposed Funding Methods:

• Rights issue
• Preferential allotment
• Private placement
• Other permissible modes as deemed appropriate

Regulatory Framework and Approvals

The fund raising proposal will be structured in accordance with applicable regulatory provisions. The company emphasized compliance with statutory requirements and regulatory frameworks governing capital raising activities.

The proposal must align with the Companies Act, 2013, and its associated rules. Additionally, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, will govern the process.

Corporate Information

Alka India Limited operates from multiple locations with its registered office in Maharashtra and corporate office in Gujarat. The company secretary Jinal Shah, holding ICSI Membership No. A52572, signed the notification as the compliance officer.

The final terms, conditions, and execution method for the fund raising will be determined by the Board of Directors or its committee, subject to receiving necessary statutory approvals. The board retains absolute discretion in structuring the proposal based on market conditions and company requirements.