In a move that underscores governance continuity at Somi Conveyor Beltings Limited, the company announced the re-appointment of Santosh Kumar Joshi as a Non-Executive Independent Director for a second five-year term, effective February 22, 2026. The appointment is subject to the approval of the members by way of a Special Resolution at an Extraordinary General Meeting scheduled for May 6, 2026. The board’s decision was disclosed in the company’s communications and reflects a standard process to maintain independent oversight on the board.
Santosh Kumar Joshi, aged 52, brings a robust professional background with a Master of Commerce and a Bachelor of Education in Economics. He has amassed over 31 years of experience in accountancy and economics, positioning him as a seasoned governance contributor for the board’s oversight of financial and strategic matters.
The company notes that Joshi is not related to any other directors or key managerial personnel and affirms that he is not debarred from holding the office of director by SEBI or any other authority. This re-appointment aligns with practices that seek continuity and stability in board composition, reinforcing the independent perspective on strategic decisions and governance at Somi Conveyor Beltings Limited.