Shilp Gravures Limited Appoints Ms. Jinal Hasmukhbhai Rupani as Independent Director

Shilp Gravures Limited has announced the appointment of Ms. Jinal Hasmukhbhai Rupani as a Non-Executive Independent Director, following approval by shareholders through postal ballot via remote e-voting. The appointment represents a strategic addition to the company's board governance structure.

Board Appointment Details

The shareholders approved the special resolution for Ms. Rupani's appointment through the postal ballot process. Her tenure as Independent Director commenced on November 04, 2025, and will continue for five consecutive years. As an Independent Director, she will not be liable to retire by rotation, ensuring continuity in board oversight.

Parameter:	Details
Director Name:	Ms. Jinal Hasmukhbhai Rupani
DIN:	11029766
Position:	Non-Executive Independent Director
Term Commencement:	November 04, 2025
Term Duration:	5 consecutive years
Appointment Method:	Postal ballot (remote e-voting)

Professional Background and Qualifications

Ms. Rupani brings substantial expertise to the board with her comprehensive educational background and professional experience. She is a commerce graduate from Saurashtra University and holds the qualification of Chartered Accountant. Her banking credentials include certifications as Junior Associate of the Indian Institute of Bankers (JAIIB) and Certified Associate of the Indian Institute of Bankers (CAIIB) from the Indian Institute of Banking and Finance.

Qualification:	Institution/Details
Education:	Commerce Graduate, Saurashtra University
Professional:	Chartered Accountant
Banking Certifications:	JAIIB and CAIIB from IIBF
Experience:	Over 10 years in consultancy, finance and banking

Regulatory Compliance and Independence

The appointment has been made in accordance with Regulation 30 and Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that Ms. Rupani maintains complete independence from existing board members, with no relationships to current directors.

Shilp Gravures Limited has also verified compliance with SEBI guidelines, confirming that Ms. Rupani is not debarred from holding directorship by any regulatory authority. This appointment strengthens the company's corporate governance framework with the addition of an experienced finance and banking professional to provide independent oversight and strategic guidance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.84%	-3.46%	-13.26%	-24.53%	-39.56%	+153.20%

Shilp Gravures Limited has successfully concluded its postal ballot process on January 12, 2026, securing overwhelming shareholder approval for the appointment of Ms. Jinal Hasmukhbhai Rupani as Non-Executive Independent Director. The special resolution received exceptional support with 99.9995% of votes cast in favor of the appointment.

Postal Ballot Results and Voting Details

The postal ballot process was conducted exclusively through remote e-voting, with CS Janvi N. Davda serving as the scrutinizer. The voting period commenced on December 12, 2025, at 09:00 a.m. IST and concluded on January 12, 2026, at 05:00 p.m. IST.

Voting Parameter	Details
Record Date	December 05, 2025
Total Shareholders on Record Date	5,758
Total Votes Polled	3,757,821
Votes in Favor	3,757,804
Votes Against	17
Percentage in Favor	99.9995%

Category-wise Voting Breakdown

The voting results demonstrated strong support across all shareholder categories. The promoter and promoter group, holding 3,740,839 shares, voted unanimously in favor with 100% support. Public non-institutional shareholders also showed strong backing with 99.8999% votes in favor.

Shareholder Category	Shares Held	Votes Polled	% in Favor	% Against
Promoter and Promoter Group	3,740,839	3,740,839	100.0000%	0.0000%
Public Non-Institutions	16,982	16,982	99.8999%	0.1001%
Public Institutions	0	0	0.0000%	0.0000%

Director Appointment Details

Ms. Jinal Hasmukhbhai Rupani, bearing DIN 11029766, was initially appointed as Additional Director (Non-Executive & Independent) by the Board of Directors on November 04, 2025. The postal ballot sought shareholder approval for her formal appointment as Non-Executive Independent Director for a first term of five consecutive years, effective from November 04, 2025.

Regulatory Compliance and Process

The postal ballot was conducted in compliance with Regulation 30 and Regulation 44 of SEBI Listing Regulations. The company followed the provisions of Section 110 of the Companies Act, 2013, and Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014. Central Depository Services (India) Limited (CDSL) provided the e-voting platform through their website www.evotingindia.com .

Scrutinizer's Report and Documentation

CS Janvi N. Davda, Practicing Company Secretary with membership number 60981, was appointed as scrutinizer by the Board of Directors on December 09, 2025. The scrutinizer's report was issued on January 12, 2026, confirming the resolution was passed as a special resolution. The voting results and scrutinizer's report have been made available on the company's website at www.shilpgravures.com for stakeholder reference.