StockWatch
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Plastic Products - Industrial
Management Change14 Aug 2026, 09:04 pm

Axel Polymers Reappoints MD & Non-Executive Director

AI Summary

Axel Polymers Ltd announced the reappointment of Mr. Gaurav Thanky as Managing Director and Mr. A.B. Bodhanwala as Non-Executive Director. Both reappointments are effective from October 1, 2026, and are subject to shareholder approval. Mr. Thanky's term is for five years, with remuneration subject to shareholder approval. Mr. Bodhanwala's reappointment also requires shareholder approval. The company's Board of Directors approved these changes during a meeting held on August 14, 2026. Mr. Thanky is married to Mrs. Dhara Thanky, a Non-Executive Director of the company.

Key Highlights

  • Mr. Gaurav Thanky reappointed as Managing Director.
  • Mr. A.B. Bodhanwala reappointed as Non-Executive Director.
  • Both appointments effective October 1, 2026.
  • Reappointments require shareholder approval.
  • Mr. Thanky's reappointment is for a five-year term.