Span Divergent Ltd. has successfully appointed Mr. Dharmesh Vinodbhai Desai as Non-Executive Independent Director following shareholder approval through postal ballot. The company informed the Bombay Stock Exchange on February 05, 2026, regarding this key board appointment under SEBI regulations.

Appointment Details

The shareholders approved the regularization of Mr. Desai's appointment through postal ballot on February 04, 2026, with results declared on February 05, 2026. The appointment follows compliance requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Background

Mr. Desai brings significant industry expertise to Span Divergent's board. He currently serves as Promoter and Chairman & Managing Director of Meera Industries Limited, a listed entity. His educational background includes a Bachelor of Engineering (Mechanical) from NIT Surat, South Gujarat University.

With over 20 years of business and industry experience, Mr. Desai has previously worked with Garden Silk Mills Limited as Design Engineer and Premier Looms Manufacturers Private Limited as Product Head (TFO division). His functional responsibilities encompass handling overall business affairs, planning business marketing strategies, capacity expansion, and business development.

Board Positions and Shareholding

Mr. Desai will serve on multiple committees within Span Divergent Ltd., enhancing the company's governance structure:

• Member: Stakeholder Relationship Committee and Audit Committee
• Chairman: Nomination and Remuneration Committee

The new director holds no shares in Span Divergent Ltd. and is not related to any other directors of the company. He also maintains directorship in Meera Industries Limited.

Regulatory Compliance

The appointment meets all regulatory requirements, with Mr. Desai not being debarred from holding director positions by SEBI or any other authority. This appointment strengthens Span Divergent's board composition with independent oversight and industry expertise for the company's strategic direction.

Span Divergent Ltd. (formerly Span Diagnostics Ltd.) has informed the Bombay Stock Exchange about an upcoming board meeting scheduled for January 23, 2026, to deliberate on significant corporate actions including fund raising proposals and shareholder meeting arrangements.

Board Meeting Agenda

The board of directors will convene on Friday, January 23, 2026, to consider and approve two primary agenda items that could impact the company's capital structure and governance processes.

The fund raising proposal encompasses various options including preferential issue on private placement basis or any other permissible modes and combinations thereof, subject to required sanctions and approvals. The board will also evaluate the draft notice for the proposed EGM during this meeting.

Trading Window Restrictions

Span Divergent Ltd. has clarified the status of its trading window closure, which affects designated persons and their immediate relatives. The trading restrictions were implemented as part of the company's compliance with insider trading regulations.

The trading window closure aligns with the company's Code of Conduct for Prevention of Insider Trading, ensuring compliance with SEBI regulations during the period leading up to financial results announcement.

Corporate Information

Span Divergent Ltd., previously known as Span Diagnostics Ltd., operates from its headquarters in Surat, Gujarat. The company maintains its stock exchange listing under script code 524727 on the Bombay Stock Exchange and provides regular updates through its official website at www.span.in .

The notification was signed by Paras Desai, Wholtime Director and CFO (DIN 08293906), on January 20, 2026, demonstrating the company's commitment to timely regulatory compliance and transparent communication with stakeholders.