Sylph Technologies Limited has announced a key leadership transition with the promotion of Mr. Hasmukh Nanalal Shah to the position of Executive Managing Director. The company informed BSE Limited of this significant organizational change on December 11, 2025, in compliance with SEBI listing regulations.

Leadership Transition Details

The appointment represents a change in designation from Mr. Shah's previous role as Non-Executive Non-Independent Director to Executive Managing Director. This transition took immediate effect based on the recommendation of the company's Nomination and Remuneration Committee.

Appointment Terms and Duration

Mr. Shah has been appointed for a substantial five-year term as Managing Director. The appointment period extends from December 11, 2025, to December 10, 2030, providing leadership continuity for the organization.

Director Profile and Qualifications

Mr. Hasmukh Nanalal Shah brings relevant experience in finance management to his new executive role. The company has confirmed that he is not related to any other directors of the organization, maintaining board independence in relationships.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, in its disclosure.

Sylph Technologies Limited confirmed that Mr. Shah is not debarred from holding the office of director by virtue of any SEBI order or any other regulatory authority. The company operates under CIN L36100MP1992PLC007102 and maintains its corporate office at Skye Corporate Park, A.B Road, Indore.

Sylph Technologies Limited announced the resignation of its Managing Director Sandeep Motilal Shah, effective from the close of business hours on December 11, 2025. The company informed the BSE through a regulatory filing under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

The key details of the resignation are outlined below:

Shah formally submitted his resignation letter on December 11, 2025, requesting the Board to relieve him of all duties and responsibilities associated with the Managing Director position from the said date.

Current Directorships and Committee Positions

Sandeep Motilal Shah currently holds independent director positions across multiple listed entities:

Listed Company Directorships:

• Global Longlife-Hospital And Research Limited - Independent Director
• K.P. Woven Private Limited - Independent Director
• Jyoti Resins And Adhesives Ltd - Independent Director
• Hcp Plastene Bulkpack Limited - Independent Director
• Rec Limited - Independent Director

Committee Memberships:

Global Longlife-Hospital And Research Limited:

• Audit Committee - Chairman
• Nomination and Remuneration Committee - Member
• Stakeholders Relationship Committee - Member

Jyoti Resins And Adhesives Limited:

• Audit Committee - Chairperson
• Nomination and Remuneration Committee - Member
• Stakeholders Relationship Committee - Member

Hcp Plastene Bulkpack Limited:

• Audit Committee - Chairperson
• Nomination and Remuneration Committee - Member
• Stakeholders Relationship Committee - Member
• Corporate Social Responsibility Committee - Member

Board's Response

The Board of Directors of Sylph Technologies Limited has formally noted and accepted Shah's resignation. In their regulatory filing, the Board placed on record its sincere appreciation for the contributions made by Sandeep Motilal Shah during his tenure as a Board Member with the company.

Shah confirmed in his resignation letter that there are no material reasons for his resignation other than those mentioned in the formal communication to the company. The resignation was processed in accordance with the regulatory requirements, and the company has arranged to submit the necessary forms with the office of the Registrar of Companies.

Company Information

Sylph Technologies Limited, formerly known as Sylph Technologies Limited, is incorporated under CIN: L36100MP1992PLC007102. The company is headquartered at 517, Skye Corporate Park, A.B Road, Indore-452010, and trades on BSE with scrip code 511447 under the symbol SYLPH.