Sigma Solve Limited has announced the appointment of Mr. Pratik Nareshkumar Shah as an Additional Independent Director, effective July 22, 2025. This strategic move aims to bolster the efficiency of the company's Board by leveraging Mr. Shah's extensive experience in Business Management.

Key Highlights of the Appointment

Clarification on Regulatory Compliance

Following a query from the National Stock Exchange (NSE), Sigma Solve Limited issued a revised disclosure on July 25, 2025, to clarify an important point regarding Mr. Shah's appointment. The company affirmed that Mr. Shah is not debarred from holding the office of director by virtue of any order from the Securities and Exchange Board of India (SEBI) or any other such authority.

Additional Details

• Mr. Shah does not have any disclosed relationships with other directors of Sigma Solve Limited.
• He currently does not hold directorships in other listed entities.

The appointment of Mr. Pratik Nareshkumar Shah is seen as a move to strengthen the Board's efficiency, bringing his wealth of experience in Business Management to Sigma Solve Limited. This addition to the leadership team may potentially contribute to the company's strategic direction and governance.

Sigma Solve Limited, with its registered office in Ahmedabad, continues to demonstrate its commitment to maintaining strong corporate governance practices by ensuring transparency in its disclosures and promptly addressing regulatory queries.

Sigma Solve Limited , a company listed on the National Stock Exchange (NSE: SIGMA) and BSE (Scrip Code: 543917), has announced significant changes to its board of directors and key committees, effective July 22, 2025.

Board Changes

The company reported the resignation of Mr. Bharatkumar Himmatbhai Shah from his position as Additional Independent Director. Mr. Shah, who had been associated with the company since July 30, 2025, cited preoccupation with other work and personal reasons for his departure.

Simultaneously, Sigma Solve appointed Mr. Pratik Nareshkumar Shah as a new Additional Independent Director. Aged 46, Mr. Pratik Shah brings extensive experience in business management to the board. The company stated that this appointment aims to "strengthen the efficiency of the Board and take advantage of his experience."

Committee Reconstitution

Following these changes, Sigma Solve has reconstituted its key committees:

Audit Committee

Nomination & Remuneration Committee

Stakeholders Relationship Committee

Board Meeting Details

The board meeting where these decisions were made was held on July 22, 2025, from 5:00 p.m. to 5:55 p.m. IST. The company has duly informed the stock exchanges of these changes in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sigma Solve Limited, headquartered in Ahmedabad, continues to adapt its leadership structure to meet evolving business needs and regulatory requirements. These changes reflect the company's commitment to maintaining strong corporate governance practices.