StockWatch
·
Household Appliances
Management Change22 Sept 2026, 01:39 pm

Carysil Ltd Appoints Prayasvin B. Patel as Independent Director

AI Summary

Carysil Ltd announced the appointment of Mr. Prayasvin B. Patel as an Additional Director, designated as an Independent Director. The appointment, effective September 22, 2026, is subject to shareholder approval. Mr. Patel brings over five decades of experience in the engineering and manufacturing sector, having led Elecon Engineering Company Limited. He is not related to any existing directors or KMP and is not debarred from holding a director's office. This appointment aims to strengthen the board's expertise.

Key Highlights

  • Prayasvin B. Patel appointed as Independent Director.
  • Appointment effective September 22, 2026, pending shareholder approval.
  • Mr. Patel has extensive experience in engineering and manufacturing.
  • He is not related to current directors or KMPs.
  • The role is for an initial term of five years.