Rollatainers Limited Announces Board Changes: New Independent Director Appointed as Another Resigns

Rollatainers Limited has announced significant changes to its board of directors, effective September 18, 2025. The company has appointed a new independent director while bidding farewell to another, as disclosed in a regulatory filing.

New Appointment

Mr. Shashikant Sharma has been appointed as an Additional Non-Executive Independent Director of Rollatainers Limited. The appointment, which took effect on September 18, 2025, is for a term of five years, subject to shareholder approval within the next three months.

Mr. Sharma, aged 40, brings a wealth of experience to the board. He is a BA Graduate with 15 years of experience in the transportation and logistics business. The company confirmed that Mr. Sharma is not related to any existing board members and has not been debarred from holding a directorship by any regulatory authority.

Board Resignation

Simultaneously, Mr. Mahir Bhadani has stepped down from his position as a Non-Executive Independent Director of the company. Mr. Bhadani's resignation, citing pre-occupation with other tasks, was effective from the close of business hours on September 18, 2025.

In his resignation letter, Mr. Bhadani expressed his gratitude to the board members, employees, and business associates for their cooperation during his tenure. He confirmed that there were no material reasons for his resignation beyond those stated.

Board Meeting Details

The changes were approved during a board meeting held on September 18, 2025, which commenced at 5:00 PM and concluded at 5:40 PM. The Nomination & Remuneration Committee recommended Mr. Sharma's appointment, which was subsequently approved by the board.

Aditi Jain, Company Secretary and Compliance Officer of Rollatainers Limited, made the regulatory filing in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

These board changes come as Rollatainers Limited continues to navigate the dynamic business landscape. The company, which operates in the packaging industry, will likely benefit from Mr. Sharma's extensive experience in transportation and logistics as it moves forward.