Sakthi Finance Limited has announced that its shareholders have approved the appointment of Saurabh Jain as a Non-Executive Independent Director through a postal ballot process. The results, declared on November 5, 2025, show overwhelming support for the appointment, with 99.98% of votes cast in favor of the special resolution.

Key Details of the Appointment

• Director: Saurabh Jain (DIN: 02322422)
• Position: Non-Executive Independent Director
• Term: Five consecutive years
• Period: September 27, 2025, to September 26, 2030
• Retirement: Not liable to retire by rotation

Voting Results

Professional Background of Saurabh Jain

Saurabh Jain brings a wealth of experience to Sakthi Finance Limited:

• Education: Bachelor's Degree in Commerce
• Professional Membership: Member of The Institute of Chartered Accountants of India (ICAI Membership No: 602924)
• Experience: Over 20 years in Finance, Accounts, Capital Markets, Investment Banking, and advisory transactions
• Current Role: Founder and Director of Think Capital Private Limited
• Previous Positions:
  • Head of Corporate Advisory at IDBI Capital Market Services Limited
  • Experience with Calyon Bank in Investment Banking

Compliance and Disclosure

The appointment adheres to the regulatory requirements set by the Securities and Exchange Board of India (SEBI) and the Companies Act, 2013. Sakthi Finance Limited has confirmed that Saurabh Jain is not debarred from holding the office of an Independent Director by any SEBI order or other authority.

This appointment reflects Sakthi Finance's commitment to strengthening its board with experienced professionals. Jain's extensive background in finance and capital markets is expected to bring valuable insights to the company's strategic decisions and corporate governance practices.

The company has duly informed the BSE Limited about this change in directorship, complying with the necessary disclosure requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sakthi Finance Limited, a prominent player in the financial services sector, has announced a significant change to its board composition. The company's shareholders have approved the appointment of K V Ramachandran as a Non-Executive, Independent Director for a five-year term, commencing from July 4, 2025, to July 3, 2030.

Shareholder Approval and Appointment Details

The appointment of K V Ramachandran (DIN: 00322331) was ratified through a special resolution via a postal ballot process. The results, declared on August 9, 2025, showed overwhelming support for the resolution, with 99.98% of the votes cast in favor of Ramachandran's appointment.

Profile of K V Ramachandran

K V Ramachandran brings a wealth of experience and expertise to Sakthi Finance Limited:

• Educational Background: He holds a Bachelor's degree in Science from the University of Madras and a Post Graduate Diploma in Business Management from Xavier School of Management, Jamshedpur.
• Professional Experience: Ramachandran is an industrialist with over three decades of experience in Industrial and Business Management, Finance, and Accounting.
• Current Positions: He serves as the Vice Chairman and Managing Director of E L Forge Limited, a listed automotive components manufacturing company. Additionally, he holds directorships in two other public limited companies: Wesco Engineers Limited and Coromandel Steels Limited.

Implications for Sakthi Finance

The appointment of K V Ramachandran is expected to bring valuable insights to Sakthi Finance Limited's board, given his extensive experience in finance and business management. As an Independent Director, he will play a crucial role in providing objective oversight and guidance to the company's operations and strategic decisions.

Regulatory Compliance

Sakthi Finance Limited has confirmed that K V Ramachandran is not related to any other Director of the Company. Furthermore, he is not debarred from holding the office of Director by any regulatory authority, ensuring compliance with corporate governance norms.

The company has duly informed the BSE Limited about this appointment, adhering to the disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This strategic addition to the board underscores Sakthi Finance Limited's commitment to strengthening its corporate governance and leveraging diverse expertise to drive growth and shareholder value.