Swan Corp Limited announced the reconstitution of its Board of Directors’ Audit Committee, effective from February 20, 2026, following a resolution passed by circulation. The changes involve key appointments, including Mr. Rohinton Shroff as the new Chairman. The committee composition now features two Non-Executive, Independent Directors ensuring strong oversight. The company formally disclosed this governance update on February 25, 2026.
Audit Committee Reconstitution Announced
Swan Corp Limited (formerly Swan Energy Limited) has informed stakeholders regarding the approved reconstitution of its Audit Committee of the Board of Directors. This decision was finalized via a Resolution passed by Circulation and is effective starting February 20, 2026.
New Committee Composition
The key appointments to the reconstituted Audit Committee are detailed below, highlighting the roles and director categories:
Committee Member Details
- Mr. Rohinton Shroff has been appointed as the Chairman of the committee. He serves as a Non-Executive, Independent Director.
- Mr. Paresh Merchant has been named a Member. His designation is an Executive Director.
- Mr. Jayaramakrishnan Kannan has also been appointed as a Member. He holds the category of Non-Executive, Independent Director.
This structural adjustment within the board’s oversight mechanism ensures compliance and strengthens corporate governance procedures as mandated by the board’s directive.
Source: BSE
