Space Incubatrics Technologies Limited has announced significant corporate actions following a board meeting held on October 16, 2025. The board approved several key decisions, including the reclassification of certain shareholders and the appointment of new key personnel.

Promoter Reclassification

The board has approved the reclassification of six shareholders from the "Promoter/Promoter Group" category to the "Public" category. This decision comes in response to a request from these shareholders and in compliance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The shareholders affected by this reclassification are:

The board noted that these shareholders collectively hold 92 shares, representing a negligible percentage of the company's paid-up capital. The reclassification is subject to approval from the BSE Limited and other statutory authorities as required.

Key Appointments

In addition to the reclassification, the board made two significant appointments:

1. Statutory Auditor: M/S. V R S K & ASSOCIATES (Firm Registration No. 011199N) has been appointed as the Statutory Auditor of the company to fill a casual vacancy, effective from October 16, 2025.

2. Company Secretary & Compliance Officer: Ms. Rashi Singhal has been appointed as the Company Secretary & Compliance Officer, effective from October 16, 2025. Ms. Singhal is an Associate Member of the Institute of Company Secretaries of India with membership number ACS24578.

Additional Information

The board meeting, which was originally scheduled for October 15, 2025, has been rescheduled to October 24, 2025, due to the non-availability of the requisite number of Directors. The company has also added new agenda items for the upcoming meeting, including:

• Consideration and approval of Un-Audited Financial Results for the Quarter & Half year ended September 30, 2025
• Proposal for a stock split of equity shares
• Amendment to the Capital Clause of the Memorandum of Association, subject to shareholder approval, to reflect changes arising from the proposed stock split

These corporate actions reflect Space Incubatrics Technologies Limited's commitment to maintaining transparency and adhering to regulatory requirements while also making strategic changes to its governance structure.

Space Incubatrics Technologies Limited, a company listed on the Bombay Stock Exchange (BSE: 541890), has announced significant changes to its Board of Directors. The company has appointed four new directors while accepting the resignations of two existing board members, marking a substantial shift in its leadership structure.

New Appointments

The company has made the following appointments to its Board of Directors:

1. Mr. Umesh Kumar (DIN: 07015921) as an Additional Non-Executive Director
2. Mr. Rajendra Prasad (DIN: 10871533) as an Additional Non-Executive & Non-Independent Director
3. Ms. Babita (DIN: 09064124) as an Additional Non-Executive & Independent Director
4. Ms. Parul Agrawal (DIN: 11268580) as an Additional Non-Executive & Independent Director

These appointments are subject to shareholder approval and are valid until the conclusion of the ensuing General Meeting.

Resignations

Simultaneously, Space Incubatrics Technologies has accepted the resignations of:

1. Mr. Mahesh Chand Mittal (DIN: 00284866), Non-Executive Director
2. Mrs. Ankita Garg (DIN: 09252403), Non-Executive & Independent Director

Committee Reconstitution

Following these changes, the company has reconstituted its key committees:

Audit Committee

Nomination and Remuneration Committee

Stakeholder Relationship Committee

Regulatory Compliance

The company has confirmed that all new appointees are not debarred from holding director positions by any regulatory authorities, including the Securities and Exchange Board of India (SEBI) or the Ministry of Corporate Affairs (MCA). This compliance is in line with SEBI regulations and ensures the integrity of the board appointments.

The board meeting that approved these changes was held from 12:20 PM to 1:00 PM at the company's registered office.

These significant changes in the board composition and committee structures may signal a new direction for Space Incubatrics Technologies Limited. Shareholders and market observers will likely be watching closely to see how these new appointments influence the company's strategy and governance in the coming months.