South Asian Enterprises Ltd has announced the 11th meeting of its Independent Directors, which is scheduled for March 27, 2025. The meeting will be held at shorter notice, and its purpose is to consider important matters related to compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as well as Schedule IV of the Companies Act, 2013.

Purpose of the Meeting

This meeting will focus on matters of governance that fall within the regulatory frameworks set by SEBI and the Companies Act, 2013. The discussion will be centered on ensuring that the company continues to adhere to the highest standards of corporate governance, particularly with respect to the role of Independent Directors.

Company Information

• Company Name: South Asian Enterprises Ltd (SAEL)

• Corporate Office: 90, Okhla Industrial Estate Phase-III, New Delhi-110020

• CIN: L91990UP1990PLC011753

• Scrip Code: 526477 (BSE)

About the Independent Directors' Meeting

The Independent Directors play a crucial role in ensuring that the company's decisions align with the best interests of its shareholders and in maintaining the ethical standards of management. As per Schedule IV of the Companies Act, 2013, and the SEBI (LODR) Regulations, 2015, the meeting is essential for the directors to carry out their oversight duties and approve any necessary changes in company policies.

The meeting is set to take place on March 27, 2025, and the Managing Director, Tej Bhan Gupta, has requested the BSE to acknowledge receipt of the notice.

Regulatory Compliance

This meeting is in line with the company’s commitment to comply with regulatory frameworks that ensure proper functioning and accountability within the organization.

Request for Acknowledgement

The company has formally requested the BSE to acknowledge the receipt of this notice as per the requirements set forth under SEBI's regulations. This ensures transparency and communication with all stakeholders regarding the activities of the Independent Directors.

Conclusion

The upcoming meeting is a step toward ensuring that South Asian Enterprises Ltd continues its commitment to corporate governance and remains fully compliant with the relevant regulations. The company values the role of its Independent Directors in safeguarding the interests of its shareholders and maintaining high ethical standards.

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