Acknit Industries Appoints Two Independent Directors, Re-appoints One
Acknit Industries Ltd announced the appointment of Mr. Tushar Jhunjhunwala and Mr. Amitava Mazumder as Additional Directors under the Non-Executive Independent category, effective July 14, 2026. The Board also approved the re-appointment of Mr. Shankar Lal Bajaj as an Independent Director for a second five-year term, commencing September 25, 2026. All appointments are subject to shareholder approval. The company confirmed that these directors are not debarred by any SEBI order or other authority. Mr. Jhunjhunwala brings over 16 years of experience in real estate, finance, and logistics. Mr. Mazumder has approximately 50 years of experience in finance and logistics. Mr. Bajaj begins his second term after completing his first.
Key Highlights
- Two new Non-Executive Independent Directors appointed.
- One Independent Director re-appointed for a second five-year term.
- Appointments are subject to shareholder approval.
- Directors confirmed not to be debarred by regulatory authorities.
- Strengthens board with experienced professionals.
Price Impact
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