Sterling Green Woods Limited, a company known for its operations in the hospitality sector, has announced a significant change in its leadership. The company has appointed Deepak M. Kalani as its new Managing Director for a three-year term, commencing from September 19, 2025, to September 18, 2028.

Board Approval and Shareholder Ratification

The appointment comes following a recommendation from the Nomination and Remuneration Committee and has been approved by the company's Board of Directors. However, the appointment is subject to shareholder approval, highlighting the company's commitment to corporate governance practices.

Deepak M. Kalani's Profile

Mr. Kalani brings a wealth of experience to his new role:

• Educational Background: He holds an MBA in Marketing and International Business.
• Professional Experience: Kalani has over 12 years of experience in the hospitality and business development sectors.
• Areas of Expertise: His skill set includes strategic planning, operations, business development, and corporate governance.

Expected Impact

Sterling Greenwoods Limited is optimistic about Kalani's appointment, stating that it is expected to:

1. Strengthen the company's strategic direction
2. Enhance stakeholder value

Company's Statement

In the official announcement, Sterling Greenwoods Limited expressed confidence in Kalani's ability to lead the company. The Board believes that his extensive experience in the hospitality sector and his strategic acumen will be valuable assets as the company moves forward.

Looking Ahead

As Sterling Greenwoods Limited prepares for this leadership transition, stakeholders will be watching closely to see how Deepak M. Kalani's expertise and vision will shape the company's future strategies and operations in the competitive hospitality industry.

The appointment of Kalani as Managing Director marks a new chapter for Sterling Greenwoods Limited, with expectations high for continued growth and enhanced performance under his leadership.

Sterling Green Woods Limited, a company listed on the Bombay Stock Exchange (BSE: 526500), has announced the resignation of its Company Secretary and Key Managerial Personnel, CS Siddharth Shah. The resignation, effective from September 11, 2025, was attributed to medical reasons.

Resignation Details

According to the company's filing with the BSE, CS Siddharth Shah submitted his resignation letter on September 11, 2025. In his letter, Shah cited "personal medical reasons" for his decision to step down from his position. The company confirmed that there were no other material reasons for his resignation beyond the stated medical issues.

Company's Statement

Narender Saini, Whole-time Director of Sterling Green Woods Limited, made the official announcement to the stock exchange. The company's statement read, "CS Siddharth Shah has resigned from the post of Company Secretary and Key Managerial Personnel (KMP) of the Company, due to medical reason and the same will be effective from September 11, 2025. There is no other material reason for his resignation, other than that mentioned herewith."

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations. This regulation mandates listed entities to disclose material events or information to the stock exchanges promptly.

Impact and Next Steps

While the resignation of a Company Secretary is a significant event for any listed company, Sterling Green Woods Limited has not provided any information regarding Shah's replacement or interim arrangements. Shareholders and investors will likely be watching for further announcements regarding the appointment of a new Company Secretary to ensure continued compliance with regulatory requirements.

Sterling Green Woods Limited will need to file the necessary forms with the Registrar of Companies to officially record this change in Key Managerial Personnel.

The company's management and board will be responsible for ensuring a smooth transition and maintaining proper corporate governance standards during this period of change.