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Solitaire Machine Tools Ltd — Board/Management Information 2025
Feb 8, 2025
61256_rns_2025-02-08_ecc55d00-1f6e-47db-91c6-b6b3a1924edf.pdf
Board/Management Information
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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 Re-appointment of 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 re-appointment of Mr. Hemandra Jayantilal Badani (DIN: 00143330) as the Managing Director of the Company for a period of five years effective from 8[th] February, 2025 to 8[th] February, 2030 subject to approvals 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 TEJASHKUMAR TEJASHKUMAR NAIK Date: 2025.02.08 11:47:24 NAIK +05'30'
Krishna Naik
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 : [email protected] • 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
Re-appointment of Mr. Hemandra Jayantilal Badani as Managing Director
| Sr. No. |
Particulars | Details of Change | |
|---|---|---|---|
| 1. | Reason for change viz. ~~appointment~~, re- appointment, ~~resignation,~~ ~~removal, death or otherwise~~ |
Re-appointment of Mr. Hemandra J. Badani as Managing Director of the Company. |
|
| ~~,~~ | |||
| 2. | Date of ~~appointment~~/re- appointment/~~cessation (as~~ ~~applicable)~~ and term of ~~appointmen~~t/re- appointment |
Date of re-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. Hemandra J. Badani has done his Bachelors in Commerce from St. Xavier’s College, Kolkata. He has extensive knowledge in the field of machine automation and computer programming gained through an experience of over 50 years in this field. At Solitaire, he mainly focuses on PLC and CNC related programming and troubleshooting. Besides technical contribution, he is also looking after Administration and Human Resources. |
|
| 4. | Disclosure of relationships between directors (in case of appointment of a director) |
Mr. Hemandra Badani is Father of Mr. Harsh Badani who is Whole-Time 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. Hemandra 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 Date: 2025.02.08 MAR NAIK 11:47:46 +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 : [email protected] • Website : www.smtgrinders.com