Solitaire Machine Tools Ltd — Board/Management Information 2025

Feb 8, 2025

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February 08, 2025

To

The Manager BSE Limited

Corporate Relationship Department Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001

Sub: Intimation of appointment of Mr. Harsh Hemandra Badani as Joint Managing Director of the Company – Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ref: Scrip Code: 522152 | Scrip Name: SOLIMAC

Dear Sir/Madam,

We hereby inform you that as per Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company at their board meeting held today i.e., Saturday 08[th] February, 2025, has inter-alia, considered and approved the appointment of Mr. Harsh Hemandra Badani (DIN: 02282965) as the Joint Managing Director of the Company for a period of five years effective from 8[th] February, 2025 to 8[th] February, 2030 subject to approval of the members of the Company.

The details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 (‘SEBI Circular’), are given in Annexure A to this letter

The above information will also be hosted on the website of the Company; www.smtgrinders.com. in due course.

You are requested to take note of the above.

Thanking You Yours Faithfully

For Solitaire Machine Tools Limited

KRISHNA Digitally signed by KRISHNA TEJASHKU TEJASHKUMAR NAIK Krishna Naik Date: 2025.02.08 MAR NAIK 11:48:20 +05'30' Company Secretary & Compliance Officer ACS - 45523

Enclosures:- As Above

SOLITAIRE MACHINE TOOLS LIMITED - CIN No. L28932GJ1967PLC143293 Regd. Office & Plant II: A-24/25, Krishna Industrial Estate, Near B.I.D.C., Gorwa, Vadodara – 390 016, Gujarat, India. Plant I : 292, Dharamsinh Desai Marg, Chhani Road, Vadodara-390 024, Gujarat, India. Mob. : 99044 08538, 9099440114 • E-mail : sales@smtgrinders.com • Website : www.smtgrinders.com

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Annexure – A Details required under Regulation 30 of the SEBI (Listing obligations and Disclosure - Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD PoD1/P/CIR/2023/123 dated July 13, 2023

Appointment of Mr. Harsh Hemandra Badani as Joint Managing Director

Sr. No.		Particulars	Details of Change
1.		Reason for change viz. appointment, ~~re-~~ appointment, resignation, ~~removal, death~~or otherwise	Appointment of Mr. Harsh Badani as Joint Managing Director of the Company.
2.		Date of appointment~~/re-~~ appointment/ cessation (as ~~applicable)~~ and term of appointment~~/re-~~ ~~appointment~~	Date of Appointment – 8thFebruary, 2025 Term – 5 years commencing from 8thFebruary, 2025 to 8thFebruary, 2030 subject to approvals of members of the Company.
3.		Brief Profile (in case of appointment)	Mr. Harsh Badani is a B.Tech. (Production Engineering) from D.J. Sanghvi College of Engineering, Mumbai. He completed his MBA (Marketing) from MS University, Vadodara. He has also completed his M. Tech (Design Engineering) from Birla Institute of Technology and Science, Pilani, Rajasthan. At Solitaire, he is in charge of the production department.
4.		Disclosure of relationships between directors (in case of appointment of a director)	Mr. Harsh Badani is son of Mr. Hemandra Badani who is Managing Director of Solitaire Machine Tools Limited.
5.		Information as required pursuant to BSE Circular with ref. no. LIST/COMP/14/2018-19 and the National Stock Exchange of India Limited Circular with ref. no. NSE/CML/2018/ 24, both dated 20 June 2018	Mr. Harsh Badani is not debarred from holding the office of Director by virtue of any SEBI Order or any other such authority.

KRISHNA Digitally signed by KRISHNA TEJASHKU TEJASHKUMAR NAIK MAR NAIK Date: 2025.02.08 11:48:41 +05'30'

SOLITAIRE MACHINE TOOLS LIMITED - CIN No. L28932GJ1967PLC143293 Regd. Office & Plant II: A-24/25, Krishna Industrial Estate, Near B.I.D.C., Gorwa, Vadodara – 390 016, Gujarat, India. Plant I : 292, Dharamsinh Desai Marg, Chhani Road, Vadodara-390 024, Gujarat, India. Mob. : 99044 08538, 9099440114 • E-mail : sales@smtgrinders.com • Website : www.smtgrinders.com