Balurghat Technologies: New Independent Director Appointed, One Resigns
Balurghat Technologies Limited's Board of Directors has appointed Mrs. Shweta (DIN: 10283634) as an Additional Non-Executive Independent Director, effective May 28, 2026. Her appointment for a 5-year term, from May 28, 2026, to May 27, 2031, is subject to shareholder approval at the upcoming Annual General Meeting. Concurrently, Mrs. Geetika Khandelwal (DIN: 10061631) has resigned from her position as an Independent Director due to personal reasons, effective from the close of business hours on May 29, 2026. Following these changes, the Board approved the reconstitution of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee, effective May 29, 2026. Mrs. Shweta, 29, holds a Master's degree and has 3 years of management experience, with no shareholding in the company.
Key Highlights
- Mrs. Shweta appointed as Additional Independent Director for 5 years.
- Mrs. Geetika Khandelwal resigned as Independent Director due to personal reasons.
- Board committees including Audit and NRC were reconstituted.
- New director's appointment is effective May 28, 2026, pending shareholder approval.
- Mrs. Shweta has 3 years of management experience and no company shares.
Price Impact
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