Andrew Yule & Company Ltd appointed Singhai Sanjay Jain as a Non-official Independent Director with effect from 17 August 2026, the company said in a BSE filing made the same day.

The appointment followed an order issued by the Ministry of Heavy Industries, Government of India. The ministry communicated that the President of India had appointed Jain to the board of Andrew Yule & Company Ltd, also referred to as AYCL.

According to the exchange disclosure, Jain will serve for three years from the date of the notification or until further orders, whichever is earlier. The disclosure was submitted under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, as amended.

Professional profile of the new director

Jain, whose Director Identification Number is 03071091, is a practising Chartered Accountant with more than three decades of professional experience. He also holds additional qualifications in Law and Mass Communication.

Andrew Yule said his areas of expertise cover finance, law and mass communication. These credentials were included in the annexure accompanying the company’s regulatory filing on the change in its board.

  • Role: Non-official Independent Director
  • Effective date: 17 August 2026
  • Term: Three years from the notification date or until further orders, whichever is earlier
  • Experience: More than three decades as a practising Chartered Accountant

The company also disclosed that Jain has no relationship with its other directors. The filing did not provide any additional terms concerning the appointment.

Board change disclosed to BSE

The Ministry of Heavy Industries issued the appointment order on 17 August 2026, and Andrew Yule made the board appointment effective from that date. Company Secretary Sucharita Das signed the disclosure filed with BSE Limited.

The filing categorised the development as a change in directors and provided the appointment reason, effective date, tenure, professional profile and director-relationship disclosure required under the applicable SEBI framework. It also referred to the SEBI circular dated 13 July 2023 governing the prescribed disclosure details.

The company’s BSE communication was filed under security code 526173 at 5:22 pm on 17 August 2026.

Source: BSE corporate announcement.