Sanathnagar Enterprises Ltd Reappoints Independent Directors for Five-Year Terms
Sanathnagar Enterprises Limited announced the re-appointment of two members, Ms. Ritika Bhalla and Mr. Jinesh Shah, as Independent Directors. The decision was made by the Board of Directors during a meeting held on Tuesday, July 14, 2026, following recommendations from the Nomination and Remuneration Committee (NRC).The re-appointments set both directors for a second term spanning five consecutive years. This appointment process is subject to the approval of the company's members.
Ms. Ritika Bhalla was re-appointed as an Independent Director. Mr. Jinesh Shah also received the re-appointment in his capacity as an Independent Director, effective from July 22, 2027, through July 21, 2032. Both directors confirmed that they are not related to any other Directors of Sanathnagar Enterprises Limited.
The details regarding these re-appointments and the profiles of both directors have been outlined below:
| Director Name | Reappointment Term (Start - End) | Key Professional Profile Details |
|---|---|---|
| Ms. Ritika Bhalla | July 22, 2027 to July 21, 2032 | Possesses rich experience in corporate law compliance and advisory, due diligence, Audit, and completion of Accounts. Her background includes assisting foreign companies in India with business setup, drafting shareholder agreements, and obtaining necessary licenses. |
| Mr. Jinesh Shah | July 22, 2027 to July 21, 2032 | Is a Chartered Accountant and a partner at G.P. Kapadia & Co. He holds over 18 years of specialized experience in corporate taxation, statutory audits, and financial reporting. |
Both directors confirmed they are not debarred from holding the office of director by virtue of any SEBI order or similar authority.
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