Surat Trade re-appoints Independent Director for 5-year term

Surat Trade and Mercantile Ltd announced the re-appointment of Mr. Deepak N. Shah as an Independent Director for a second consecutive term of 5 years. This decision was approved by the Board of Directors on August 12, 2026, and is effective from August 11, 2027. The re-appointment is subject to the approval of the company's shareholders at the upcoming 80th Annual General Meeting, where a special resolution will be proposed. Mr. Shah, a Fellow Member of the Institute of Chartered Accountants of India, brings over four decades of experience in auditing and financial services. He has confirmed he is not disqualified from holding the office of director under the Companies Act, 2013, and has no inter-se relationship with other directors.