Swan Corp Shareholders Approve Regularisation of Independent Directors

Swan Corp has officially regularised the appointments of Ms. Bhagwati Sharma and Mr. Ashish Chhabria as Non-Executive Independent Directors. Following approval via a postal ballot concluded on May 19, 2026, both appointees will serve a five-year term. These appointments were previously initiated in March 2026, and both directors will hold their positions without being subject to retirement by rotation, reinforcing the company’s commitment to independent corporate governance.

Strengthening Board Governance

Swan Corp has bolstered its board composition by formalising the appointments of Ms. Bhagwati Sharma and Mr. Ashish Chhabria. The shareholders confirmed the regularisation of these roles through a resolution passed on May 19, 2026. Both individuals now serve as Non-Executive Independent Directors for a five-year term, ensuring a stable and independent oversight structure for the company.

Director Profiles

Ms. Bhagwati Sharma brings over 14 years of extensive experience in consultancy and corporate law compliance, having served as a Practicing Company Secretary. Her term officially commenced on March 23, 2026, and extends through March 22, 2031.

Mr. Ashish Chhabria is a seasoned professional with more than 35 years of industry experience as an eminent businessman. His term began on March 25, 2026, and will continue until March 24, 2031. Both directors are confirmed to have no familial relations with the existing board members and meet all requirements for independent oversight.

Source: BSE

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