
Management Change7 Aug 2026, 02:13 pm
Aro Granite Reappoints Sunil Kumar Arora as MD for 3 Years
AI Summary
Aro Granite Industries Ltd announced the re-appointment of Mr. Sunil Kumar Arora as Managing Director for a term of 3 years, effective April 1, 2027. This decision was made during the Board of Directors meeting held on August 7, 2026, and is subject to shareholder approval at the upcoming Annual General Meeting. The company also reported its audited financial results for the quarter ended June 30, 2026, showing a net loss of ₹745.49 Lacs. Additionally, Mr. Sahil Arora was re-appointed as Whole-Time Director for 3 years from November 1, 2026, also pending shareholder approval.
Key Highlights
- Sunil Kumar Arora re-appointed as Managing Director for 3 years.
- Re-appointment effective from April 1, 2027, subject to shareholder approval.
- Sahil Arora re-appointed as Whole-Time Director for 3 years.
- Company reported Q1 FY27 net loss of ₹745.49 Lacs.
- Audited financial results for the quarter ended June 30, 2026, were approved.
Price Impact
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