Sinnar Bidi Udyog Limited has announced the appointment of Mr. Sachin Jagdish Laddha as an Additional Director in the category of Non-Executive Independent Director. This appointment, effective from August 14, 2026, was recommended by the Nomination and Remuneration Committee and is subject to shareholder approval. Mr. Laddha brings over 23 years of corporate experience to the board.
Board Appointment Enhances Governance
Sinnar Bidi Udyog Limited has formally appointed Mr. Sachin Jagdish Laddha as an Additional Director to its Board. This strategic move positions him as a Non-Executive Independent Director, a role that officially commenced on August 14, 2026. The decision was made by the Board of Directors following a recommendation from the Nomination and Remuneration Committee and is contingent upon the approval of the company’s shareholders.
Director Profile and Term
Mr. Laddha, who holds a Diploma in Mechanical Engineering, possesses extensive professional experience, with over 23 years in the corporate sector. He is also recognized as an AMFI-registered Mutual Fund Distributor. As an additional director, he will hold office until the upcoming Annual General Meeting. The Board proposes his tenure as a Non-executive Independent Director for a period of five consecutive years, commencing from the date of his appointment. Importantly, Mr. Laddha is not related to any existing directors and has been confirmed to not be debarred from holding a director’s office by any regulatory authority.
Source: BSE
