Swan Corp Limited shareholders have approved the re-appointment of Mr. Sugavanam Padmanabhan as Whole-Time Director for an additional term of three years. This decision was made at the 118th Annual General Meeting held on September 4, 2026. Mr. Padmanabhan, a Chartered Accountant with extensive experience in the Oil & Gas industry, will continue his role starting September 24, 2026.
Director Re-appointment Approved by Shareholders
At the 118th Annual General Meeting of Swan Corp Limited, held on Friday, September 4, 2026, shareholders granted approval for the re-appointment of Mr. Sugavanam Padmanabhan as Whole-Time Director. This approval ensures continuity in leadership for a key executive role within the company.
Extended Term and Key Dates
Mr. Padmanabhan’s re-appointment is for a further term of three (3) years. His new term is set to commence on September 24, 2026, following the expiration of his current tenure. The resolution was passed during the AGM, which was conducted via video conferencing and other audio-visual means.
About Mr. Sugavanam Padmanabhan
Mr. Sugavanam Padmanabhan (DIN: 03229120) brings a wealth of experience to his role. He is a qualified Chartered Accountant and possesses over 50 years of experience, primarily within the Oil & Gas industry. Previously, he served as Director (Finance) for Indian Oil Corporation Limited (IOC). He is not related to any other director of Swan Corp Limited and is not debarred from holding a director’s position by any regulatory authority.
Source: BSE