
Management Change21 Sept 2026, 06:43 pm
Arihant Institute: Director Ceases, New ED Appointed
AI Summary
Arihant Institute Ltd announced the cessation of Mr. Vinodray Keshavlal Kamdar as a Director due to his sad demise on August 28, 2026. Following this, the Board of Directors, based on the Nomination and Remuneration Committee's recommendation, appointed Mr. Jitendrakumar Nagjibhai Dobariya as an Additional Executive Director. His appointment is effective from September 21, 2026, and he will hold office until the next Annual General Meeting, subject to shareholder approval. Mr. Dobariya is not related to any other directors and brings experience in stationery trading and exports, with a strong sourcing network and international market exposure.
Key Highlights
- Director Vinodray Kamdar ceased due to demise on August 28, 2026.
- Jitendrakumar Dobariya appointed as Additional Executive Director.
- Appointment effective September 21, 2026, until next AGM.
- Dobariya brings experience in stationery trading and exports.
- He is unrelated to existing company directors.
Price Impact
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