SEL Manufacturing Company Limited held its 25th Annual General Meeting (AGM) on September 30, 2025, where shareholders approved several key appointments to the company's board of directors. The meeting, which took place through video conferencing, saw the approval of both re-appointments and new additions to the board.

Board Appointments and Re-appointments

The shareholders of SEL Manufacturing approved the following changes to the board composition:

1. Re-appointment of Non-Executive Director: Mr. Shashankrai (DIN: 08916697) was re-appointed as a Non-Executive, Non-Independent Director. Mr. Shashankrai, who was liable to retire by rotation, offered himself for re-appointment and received shareholder approval.

2. New Independent Directors: Two new Independent Directors were appointed for five-year terms, effective from August 5, 2025:

   • Ms. Meghna Mahendra Savla (DIN: 09152133)
   • Ms. Menka Rajdev Yadav (DIN: 11220201)

3. New Non-Executive Director: Mr. Dharminder Pal (DIN: 11229145) was appointed as a Non-Executive, Non-Independent Director for a five-year term, also commencing from August 5, 2025.

Professional Backgrounds of New Directors

The newly appointed directors bring diverse expertise to SEL Manufacturing's board:

• Ms. Meghna Mahendra Savla: A qualified Company Secretary with robust experience in corporate compliance, governance, and regulatory affairs. She has been serving as an Independent Director on the boards of multiple listed companies since 2021.

• Ms. Menka Rajdev Yadav: Also a qualified Company Secretary with extensive experience in corporate compliance, secretarial practices, and regulatory affairs. She possesses a strong understanding of the Companies Act, SEBI Regulations, and other applicable corporate laws.

• Mr. Dharminder Pal: Described as a results-driven businessman with a strong entrepreneurial spirit and a proven track record in building and managing successful ventures. He is skilled in strategic planning, business development, and operations.

Additional AGM Proceedings

The AGM, which lasted from 11:00 AM to 11:12 AM IST, also addressed other matters:

• The company provided e-voting facilities for shareholders, both before and during the AGM, to ensure fair and transparent voting on all resolutions.
• M/s Lal Ghai & Associates, through its partner Mr. Sumit Ghai, was appointed as the Scrutinizer for the e-voting process.
• The meeting included the adoption of financial statements, ratification of cost auditors' remuneration, and the appointment of secretarial auditors.

Management Commentary

Ms. Meghna Mahendra Savla, who chaired the AGM, addressed the shareholders and provided an update on the company's current status, performance, and challenges. She expressed optimism about the company's future, citing strong confidence in upcoming improvements.

The board changes and AGM proceedings reflect SEL Manufacturing's commitment to strengthening its governance structure and adapting to the evolving business landscape. The diverse expertise of the newly appointed directors is expected to contribute to the company's strategic direction and compliance efforts in the coming years.

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.