Management Change12 Aug 2026, 01:38 pm
Bansal Wire Appoints Additional Director, Approves Share Split
AI Summary
Bansal Wire Industries Ltd announced the appointment of Shri Ramesh Kumar Choubey as an Additional Director (Non-Executive, Independent Director) for a five-year term, effective August 12, 2026, subject to shareholder approval. The company also accepted the resignation of Smt. Sunita Bindal as an Independent Director. Furthermore, the Board approved a sub-division of equity shares, splitting each share of face value ₹5 into five shares of ₹1 each, pending shareholder consent. The 41st Annual General Meeting is scheduled for September 17, 2026.
Key Highlights
- Shri Ramesh Kumar Choubey appointed as Additional Independent Director for 5 years.
- Board approved equity share sub-division (1:5 split) subject to shareholder nod.
- Smt. Sunita Bindal resigned as Independent Director.
- 41st AGM scheduled for September 17, 2026.
- Director appointment and share split require shareholder approval.
Price Impact
More from BANSALWIRE