Swan Corp Limited (formerly Swan Energy Limited) announced the appointment of Ms. Bhagwati Sharma as an Additional Director in the category of Independent Director, effective March 23, 2026. This decision was approved via a Circular Resolution by the Board of Directors following the recommendation of the Nomination and Remuneration Committee. Her appointment is for a term of five years, pending shareholder approval. Ms. Sharma is a Practicing Company Secretary with over 14 years of experience in corporate compliance.
Board Approval for New Director Appointment
Swan Corp Limited has formally announced a significant governance change following a Board of Directors meeting held on Monday, March 23, 2026. The Board approved the appointment of Ms. Bhagwati Sharma (DIN: 09632127) to join the Board as an Additional Director, categorized as an Independent Director.
Term and Qualifications
The appointment was made based on the recommendation of the Nomination and Remuneration Committee. The term for Ms. Sharma’s tenure begins immediately on March 23, 2026, and is set for a duration of five years, concluding on March 22, 2031. This term is subject to subsequent ratification by the shareholders of the Company.
Ms. Bhagwati Sharma brings substantial expertise to the role. Her professional background includes being a Practicing Company Secretary, possessing more than 14 years of experience providing consultancy and compliance services specifically related to corporate laws in India.
Disclosure Details
In accordance with required disclosures, the Company confirms that Ms. Bhagwati Sharma is not related to any existing Directors of Swan Corp Limited. Furthermore, she has confirmed that she is not debarred from holding the office of a director by any order issued by the SEBI or any other regulatory authority.
Source: BSE
