Flexituff Ventures International Limited , a leading player in the technical textile industry, has announced a significant addition to its board of directors. The company has appointed Mr. Sunil Ramsinghani as a Non-Executive Independent Director for a five-year term, effective from May 28, 2025.

Shareholder Approval and Appointment Details

The appointment of Mr. Ramsinghani was approved by shareholders through a postal ballot, which concluded on August 21, 2025. This decision reflects the company's commitment to strengthening its leadership team with experienced professionals.

Ramsinghani's Expertise and Background

Mr. Sunil Ramsinghani brings over 18 years of comprehensive experience in software development, project management, and executive leadership to Flexituff Ventures. His appointment is expected to add significant value to the company's strategic direction, particularly in areas of technology and digital transformation.

Throughout his career, Ramsinghani has held pivotal roles including:

• Software Engineer
• Team Lead
• Tech Lead
• Project Manager
• Product Owner
• Chief Technology Officer

He has collaborated with multinational corporations such as CDN Solutions, Webgility, Together Light Inc., and Souped Up, demonstrating a diverse range of experience in the tech industry.

Key Contributions Expected

Ramsinghani's multifaceted expertise is anticipated to contribute effectively to board-level decision-making, particularly in:

1. Technology strategy
2. Risk assessment
3. Digital transformation
4. Strategic management
5. Business administration
6. Corporate governance

Compliance and Independence

Flexituff Ventures has confirmed that Mr. Ramsinghani meets the independence criteria under the Companies Act, 2013 and SEBI Listing Regulations. The company also stated that he is not related to any existing directors, ensuring objectivity in his role.

Looking Ahead

The appointment of Mr. Sunil Ramsinghani as an Independent Director signals Flexituff Ventures' focus on incorporating technology-driven insights into its business strategy. As the company navigates the evolving landscape of the technical textile industry, Ramsinghani's extensive experience in software development and executive leadership is expected to provide valuable perspectives for future growth and innovation.

Flexituff Ventures International Limited continues to demonstrate its commitment to strong corporate governance and strategic leadership as it moves forward in the dynamic business environment.

Flexituff Ventures International Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Sunil Ramsinghani as a Non-Executive Independent Director. The company's Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, appointed Mr. Ramsinghani as an Additional Independent Director on May 28, 2025.

Appointment Details

Mr. Ramsinghani's appointment is proposed for a five-year term, from May 28, 2025, to May 27, 2030. The appointment requires approval through a special resolution under SEBI listing regulations.

E-Voting Process

Shareholders can participate in the decision-making process through remote e-voting, which will be open from July 23, 2025, at 9:00 AM to August 21, 2025, at 5:00 PM. The company has engaged the services of Central Depository Services (India) Limited (CDSL) to facilitate the e-voting process.

About Sunil Ramsinghani

Mr. Ramsinghani is an engineering professional with over 18 years of experience in software development, project management, and executive leadership. He has collaborated with multinational corporations throughout his career. It's worth noting that Mr. Ramsinghani currently holds no equity shares in Flexituff Ventures International Limited.

Board's Perspective

The Board of Directors believes that Mr. Ramsinghani fulfills the conditions specified in the Companies Act and meets the independence criteria under both the Companies Act and SEBI regulations. His expertise is expected to provide valuable oversight to the company.

Shareholder Information

Flexituff Ventures has made arrangements for shareholders to register their e-mail addresses to receive the postal ballot notice electronically. The results of the postal ballot will be announced on or before August 23, 2025, and will be:

• Displayed on the company's website
• Communicated to the stock exchanges

This appointment aligns with Flexituff Ventures' commitment to maintaining a strong and diverse board capable of guiding the company's strategic direction and ensuring good corporate governance practices.