Suyog Telematics Limited has announced the appointment of Mr. Sanjeev Sunder Thakker as Additional Independent Director, effective January 12, 2026. The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The key details of Mr. Thakker's appointment are outlined below:

Professional Background

Mr. Sanjeev Sunder Thakker brings extensive experience to the Board as a seasoned Telecom Infrastructure and Real Estate Strategy Leader with over 30 years of industry expertise. His professional background encompasses directing large-scale land acquisition, estate management, network planning, and regulatory compliance across India.

As a recognized Telecom Domain Expert, Mr. Thakker possesses comprehensive expertise across multiple areas:

• Mobility and Wireline infrastructure
• Data Centers management
• In-Building Solutions (IBS)
• Transmission Hubs (TX Hubs)
• Smart City infrastructure development

Key Achievements

Mr. Thakker has demonstrated a proven track record in several critical areas of telecom infrastructure development. His experience includes PAN-India site acquisition and managing complex liaison activities with various regulatory and government bodies including DoT, Railways, Municipal Corporations, Development Authorities, Port Trusts, and State Governments.

Notably, he has enabled rapid network rollouts through effective ROW/PROW (Right of Way/Public Right of Way) management and successfully delivered ₹220+ crore OPEX savings through cost optimization initiatives and tariff rationalization.

Regulatory Compliance

The company has confirmed that Mr. Thakker meets all regulatory requirements for the position. He is not related to any existing directors of the company and is not debarred from holding the office of director by virtue of any SEBI order or other regulatory authority.

Furthermore, Mr. Thakker has not been convicted of any offence in connection with the promotion, formation, or management of any company or LLP, nor has he been found guilty of any fraud, misfeasance, or breach of duty under the Companies Act, 2013 or any previous Companies Act in the last five years.

The appointment strengthens Suyog Telematics Limited's Board composition with Mr. Thakker's extensive telecom industry experience and strategic expertise, pending formal approval from the company's shareholders.

Suyog Telematics has disclosed that tax authorities conducted search operations at the company's premises. The telecommunications equipment company made this announcement to keep stakeholders informed about the regulatory proceedings.

Search Operations Details

The tax authority's search was conducted at the company's premises as part of their regulatory procedures. Such searches are typically undertaken by tax departments as part of their compliance verification processes.

Company's Official Response

Following the completion of the search operations, Suyog Telematics has officially clarified that no adverse orders have been passed against the company. This disclosure appears aimed at reassuring investors and stakeholders that the search proceedings concluded without negative implications for the business.

Regulatory Compliance

The company's prompt disclosure of both the search operations and the absence of adverse orders demonstrates its commitment to transparency with stakeholders. Tax authority searches are routine regulatory procedures that companies may face as part of compliance verification processes.

Suyog Telematics' clarification regarding the absence of adverse orders provides clarity to the market about the outcome of these proceedings, indicating that the company's operations continue without regulatory impediments from this particular investigation.