Management Change1 May 2026, 02:45 pm
Ashima Ltd: Director Appointment & Resignation
AI Summary
Ashima Ltd. has announced the appointment of Mr. Malay Jayendra Dalal as an Additional Non-Executive Independent Director, effective May 1, 2026, subject to shareholder approval. Simultaneously, Mr. Sanjay Shaileshbhai Majmudar has resigned as a Non-Executive Non-Independent Director, effective at the close of business hours on May 7, 2026. The announcements comply with SEBI Listing Regulations.
Key Highlights
- Malay Jayendra Dalal appointed as Non-Executive Independent Director from May 1, 2026.
- Sanjay Shaileshbhai Majmudar resigned as Non-Executive Non-Independent Director, effective May 7, 2026.
- Dalal brings over 35 years of experience as a Chartered Accountant.
- Majmudar resigned due to extensive involvement in personal professional pursuits.
- Both appointments/resignations comply with SEBI regulations.
Price Impact
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