Management Change3 Sept 2026, 07:00 pm
Ashika Stock Services Appoints New Directors
AI Summary
Ashika Global Securities Ltd announced board appointments for its unlisted material subsidiary, Ashika Stock Services Limited. Mr. Ajay Pratapray Shanghavi has been appointed as a Non-Executive Independent Director for a three-year term. Concurrently, Mr. Vatsal Jain has been appointed as an Executive Director (Whole Time Director) for a three-year term. Both appointments are effective September 3, 2026, and are subject to shareholder approval at the upcoming General Meeting. Mr. Jain is also the son of the Managing Director, Mr. Daulat Jain.
Key Highlights
- Two new directors appointed to Ashika Stock Services Limited.
- Appointments include an Independent Director and an Executive Director.
- Both roles are for a three-year term, effective September 3, 2026.
- Shareholder approval is required for the appointments.
- Disclosure of relationship between new Executive Director and MD.
Price Impact
More from ASHIKAG