SEL Manufacturing Company Limited , a prominent player in the textile industry, has announced a significant change in its leadership team. The company has appointed Ms. Ratika Khandelwal as its new Company Secretary and Compliance Officer, effective September 13, 2025.

Board Approval and Appointment Details

The Board of Directors of SEL Manufacturing approved Ms. Khandelwal's appointment through a resolution by circulation on September 13, 2025. This strategic move aims to strengthen the company's corporate governance and compliance framework.

Professional Background of Ratika Khandelwal

Ms. Khandelwal brings a wealth of experience to her new role at SEL Manufacturing. Her professional journey includes:

• A qualified Company Secretary with membership number A-62610 from The Institute of Company Secretaries of India
• Senior Executive at NAV INDIA Back-office IT solutions Pvt Ltd in Jaipur, Rajasthan
• Financial Analyst at Deutsche Bank (through third-party Pamac Finserve Private Limited)
• Assistant Accountant at Nisha Sethi & Associates, a Company Secretaries firm in Jaipur
• Apprenticeship Trainee at D.D. Agarwal & Associates, a practicing Company Secretaries firm in Jaipur

Expertise and Skills

Ms. Khandelwal's expertise spans various crucial areas of corporate management:

• Corporate compliances under Companies Act and LLP Act
• Accounting and financial analysis
• Tax work and legal document drafting
• Formation and incorporation of various types of companies
• Annual filings and regulatory reporting
• Drafting of corporate policies and legal documents

Her skill set includes meticulous attention to detail, strong teamwork capabilities, excellent interpersonal skills, and effective time management.

Implications for SEL Manufacturing

The appointment of Ms. Khandelwal is expected to enhance SEL Manufacturing's compliance and secretarial functions. Her diverse experience in corporate law, finance, and regulatory affairs positions her well to navigate the complex regulatory landscape of the textile industry.

SEL Manufacturing Company Limited made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

SEL Manufacturing Company Limited , a prominent player in the textile industry, has announced significant changes to its board of directors and key management positions. The company has appointed three new directors and restructured its board committees, signaling a major corporate governance overhaul.

New Board Appointments

The company has appointed Ms. Meghna Mahendra Savla and Ms. Menka Rajdev Yadav as Additional Independent Directors, and Mr. Dharminder Pal as an Additional Director. These appointments, effective August 5, 2025, come in the wake of resignations from three existing board members: Mr. Manjit Singh Kochar (Independent Director and Chairperson), Mrs. Seema Singh (Independent Director), and Mr. Dinesh Kumar Mehtani (Director).

Ms. Meghna Mahendra Savla, a qualified Company Secretary with extensive experience in corporate compliance and governance, has been appointed as the new Chairperson of the company. Her appointment brings valuable expertise to SEL Manufacturing, given her track record of serving on the boards of multiple listed companies since 2021.

Reconstitution of Board Committees

Following these changes, SEL Manufacturing has reconstituted four key board committees:

1. Audit Committee: Now chaired by Ms. Meghna Mahendra Savla, with Ms. Menka Rajdev Yadav and Mr. Dharminder Pal as members.
2. Nomination and Remuneration Committee: Chaired by Ms. Menka Rajdev Yadav, with Ms. Meghna Mahendra Savla and Mr. Dharminder Pal as members.
3. Risk Management Committee: Chaired by Mr. Rajeev Bhalla, with Mr. Dharminder Pal and Ms. Meghna Mahendra Savla as members.
4. Stakeholders Relationship Committee: Chaired by Mr. Dharminder Pal, with Mr. Rajeev Bhalla, Ms. Meghna Mahendra Savla, and Ms. Menka Rajdev Yadav as members.

New Chief Financial Officer

In addition to the board changes, SEL Manufacturing has appointed Mr. Naveen Arora, who is already serving as a Whole-Time Director, as the new Chief Financial Officer (CFO). This appointment follows the resignation of Mr. Navneet Gupta from the CFO position, effective July 31, 2025.

Mr. Arora brings over 20 years of experience in finance, with expertise in financial reporting, taxation, and compliance. His dual role as Whole-Time Director and CFO is expected to strengthen the company's financial management and strategic decision-making processes.

These sweeping changes in SEL Manufacturing's leadership structure appear to be aimed at enhancing corporate governance and bringing fresh perspectives to the company's management. As the new board settles into its roles, stakeholders will be keenly watching how these changes impact the company's strategic direction and performance in the competitive textile industry.