Sofcom systems Limited has strengthened its board composition with the appointment of two Additional Directors (Non-Executive Independent), following a board meeting held on February 19, 2026. The appointments reflect the company's commitment to enhancing corporate governance and bringing diverse expertise to its leadership structure.

Board Meeting Outcomes

The board meeting, which commenced at 6:00 P.M. and concluded at 6:30 P.M. on February 19, 2026, approved two key appointments based on recommendations from the Nomination and Remuneration Committee. Both appointments are subject to shareholder approval and carry five-year terms.

New Director Appointments

Mr. Pratik Ketanbhai Jani

Mr. Pratik Ketanbhai Jani (DIN: 11497974) brings a unique combination of technical expertise and financial market experience to the board. He holds a Bachelor of Computer Application (BCA) degree from Kalinga University, providing him with strong analytical thinking and technological proficiency.

With four years of active engagement in stock market trading, Mr. Jani has developed comprehensive understanding of market dynamics, equity trends, and practical risk management strategies. His daily involvement in trading operations has equipped him with valuable insights into capital market behaviors, financial analysis, and the broader economic landscape.

Mr. Brijesh Jamanbhai Sanghani

Mr. Brijesh Jamanbhai Sanghani (DIN: 11497984) is a financial market professional with over five years of hands-on experience as a Sub-Broker in the Indian capital markets. He holds a Diploma Certificate in Chemical Engineering from Gujarat Technological University.

Throughout his tenure as a sub-broker, Mr. Brijesh has developed robust understanding of equity and derivative markets, financial products, and wealth management. His core expertise lies in client relationship management, facilitating seamless trade executions, and providing actionable market insights to retail and high-net-worth individuals.

Director Profiles Comparison

Regulatory Compliance

Both directors meet all regulatory requirements and are not debarred from holding director positions by SEBI or any other authority, in accordance with the circular dated June 20, 2018 issued by Stock Exchanges. The appointments comply with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Neither director has any relationships with existing directors of the company, ensuring independence in their roles. The appointments are expected to enhance the board's expertise in financial markets, technology integration, and strategic decision-making capabilities.

Sofcom Systems Limited has issued a formal clarification to BSE Limited addressing inquiries about significant movement in its equity share prices. The response, dated January 09, 2026, was submitted by Managing Director Tanvi Jay Rupawala following BSE's clarification request from January 07, 2026.

Regulatory Compliance Confirmation

The company emphasized its adherence to regulatory requirements and transparency standards in its communication to the exchange. Sofcom Systems confirmed several key compliance aspects:

Company's Position on Price Movement

Sofcom Systems stated that it has disclosed all events and information that could impact its operations and performance to the exchange. The company assured stakeholders that all latest updated information is available on the Stock Exchange Portal for investor access.

Regarding the price movement inquiry, the company clarified that since its equity shares are freely traded on the stock exchange, neither the company nor its management is in a position to comment on share price movements. This position aligns with standard market practices where companies typically refrain from speculating on stock price fluctuations.

Management Response

The clarification was digitally signed by Managing Director Tanvi Jay Rupawala (DIN: 10698868) on January 09, 2026. The company assured continued cooperation with the exchange, stating it will furnish any additional information requested regarding specific details or documents.

Exchange Communication Details

The formal response was addressed to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai, referencing the company's scrip code 538923. The communication follows standard regulatory protocols for addressing exchange inquiries about unusual market activity.