Lesha Industries Limited has successfully regularized the appointment of Mr. Kunjan Nathabhai Rathod as Non-Executive Independent Director through a special resolution passed by members via postal ballot and remote e-voting. The regulatory disclosure was made to BSE Limited on January 07, 2026, in compliance with SEBI (LODR) Regulations, 2015.

Appointment Details and Term

The appointment details are structured as follows:

Director Profile and Experience

Mr. Kunjan Nathabhai Rathod brings significant industry experience to the board. At 31 years of age, he possesses over five years of extensive experience in managing transport and logistics business operations. His professional background demonstrates strong management and leadership capabilities, with a proven track record in driving business growth and operational efficiency.

Regulatory Compliance and Disclosures

The company has confirmed full compliance with regulatory requirements under the appointment process. As mandated by Circular No. LIST/COMP/14/2018-19 dated June 20, 2018, Lesha Industries has affirmed that Mr. Rathod has not been debarred from holding the office of Director by SEBI or any other regulatory authorities.

The disclosure includes comprehensive details as required under Regulation 30 of the Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has confirmed that there are no relationships between the newly appointed director and existing board members.

Strategic Value Addition

The appointment is expected to strengthen the company's board composition with Mr. Rathod's strategic insights and extensive experience in the transport and logistics sector. His proven ability to enhance operational efficiency and drive business growth aligns with the company's governance objectives. The five-year term provides stability for long-term strategic planning and board continuity.

Lesha Industries Limited has successfully completed the regularization process for its independent directors through a postal ballot, with shareholders providing overwhelming approval for both appointments. The remote e-voting process concluded on January 07, 2026, with exceptional approval rates exceeding 99.88% for both resolutions.

Postal Ballot Results

The company announced the voting results through its communication to BSE Limited, demonstrating strong shareholder support for the board appointments. The voting outcomes showed remarkable consensus:

Director Profile and Appointment Details

Mr. Yash Arun Chaudhary has been appointed as Non-Executive Independent Director for a five-year term effective November 05, 2025 to November 04, 2030. The detailed appointment information includes:

Mr. Chaudhary brings valuable expertise in managing transport and logistics businesses, demonstrating strong leadership and management capabilities. His proven track record in driving business growth, enhancing operational efficiency, and implementing effective strategies will significantly contribute to guiding the company's business decisions.

Voting Process Framework

The postal ballot was conducted through remote e-voting facilitated by Central Depository Services Limited (CDSL) in accordance with regulatory requirements:

Regulatory Compliance

The postal ballot process adhered to Sections 108 and 110 of the Companies Act, 2013, and SEBI Listing Regulations. The company has confirmed that Mr. Chaudhary has not been debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or other authorities, as required under Circular No. LIST/COMP/14/2018-19.

Committee Restructuring Impact

Following the successful regularization, Lesha Industries has reconstituted its key committees with the new independent directors:

The successful approval strengthens the company's corporate governance framework and brings enhanced expertise to its board composition for strategic decision-making and operational oversight.