Sainik Finance & Industries Limited has announced the reconstitution of its Stakeholders Relationship Committee (SRC) and Corporate Social Responsibility (CSR) Committee. This action follows the resignation of Sh. Kuldeep Singh Solanki as a Non-Executive Director and the subsequent appointment of Sh. Somvir Sindhu to the same role. The updated committee compositions were approved during a Board Meeting held on August 12, 2026.
Board Committee Reconstitution Announced
Sainik Finance & Industries Limited has officially informed stakeholders about changes within its key board committees. The Stakeholders Relationship Committee (SRC) and the Corporate Social Responsibility (CSR) Committee have undergone reconstitution. This strategic move was necessitated by recent changes in the company’s directorship.
Director Changes Trigger Reconstitution
The primary driver for this reconstitution is the resignation of Sh. Kuldeep Singh Solanki from his position as a Non-Executive Director. Concurrently, the company has appointed Sh. Somvir Sindhu as a new Non-Executive Director. These appointments and resignations were formally acknowledged and acted upon during a Board Meeting that convened on August 12, 2026.
Updated Committee Compositions
The updated list of Directors and the current composition of both the SRC and CSR Committees, reflecting these changes, have been provided as Annexure-1. The company has requested that these updated details be noted in the official records.
Present List of Directors
The current board comprises the following directors:
- Sh. Sarvesh Sindhu (Director)
- Sh. Somvir Sindhu (Director)
- Sh. Ramesh Shah (Independent Director)
- Sh. Bharat Sinh (Independent Director)
- Smt. Nishi Sabharwal (Independent Director)
Stakeholders Relationship Committee (SRC) Composition
The present composition of the Stakeholders Relationship Committee is as follows:
- Sh. Sarvesh Sindhu (Chairperson, Director)
- Sh. Somvir Sindhu (Member, Director)
- Sh. Bharat Sinh (Member, Independent Director)
Corporate Social Responsibility (CSR) Committee Composition
The current composition of the Corporate Social Responsibility Committee is:
- Sh. Sarvesh Sindhu (Chairperson, Director)
- Sh. Somvir Sindhu (Member, Director)
- Smt. Nishi Sabharwal (Member, Independent Director)
Source: BSE
