Management Change25 Aug 2026, 04:10 pm
Newtrac Foods Appoints Two Additional Independent Directors
AI Summary
Newtrac Foods & Beverages Ltd announced the appointment of Mr. Gurunath Jairam Gurav and Mr. Rathindranath Bishnupada Ghosh as Additional Directors in the capacity of Independent Directors. The appointments are subject to shareholder approval. Mr. Gurav brings experience in accountancy and financial matters, while Mr. Ghosh has expertise in commodity trading. Both directors have confirmed they meet the independence criteria as per SEBI LODR Regulations and the Companies Act, 2013. The board meeting where these decisions were made commenced at 3:00 P.M. and concluded at 3:30 P.M. on August 25, 2026.
Key Highlights
- Two new independent directors appointed to the board.
- Appointments are subject to shareholder approval.
- Directors bring expertise in finance and commodity trading.
- Both directors meet independence criteria.
- Board meeting duration was 30 minutes.
Price Impact
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