Swan Corp Limited has moved to reinforce its governance framework with two new independent voices on the board. The company’s board approved the appointment of Ashish Chhabria as an Additional Independent Director, with effect from 25 March 2026. The appointment is for a five-year term, running through 24 March 2031, and is subject to the requisite shareholder approvals.
In parallel, the board authorized seeking shareholder consent for the appointment of Bhagwati Sharma as a Non-Executive Independent Director. The governance move will be advanced through a Postal Ballot Notice, with the resolutions to be considered by way of remote e-voting, as part of Swan Corp’s ongoing effort to strengthen its independent oversight.
Ashish Chhabria is described in the release as an eminent businessman with more than 35 years of industry experience. Bhagwati Sharma’s profile is not elaborated in the documentation, but both appointments align with Swan Corp’s stated objective of broadening independent governance representation on the board. The company, formerly Swan Energy Limited, thus continues to evolve its leadership lineup to steer strategic direction and oversight.