StockWatch
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Other Textile Products
Management Change16 Sept 2026, 02:49 pm

Everlon Financials Appoints Sanjay Dholakia as Independent Director

AI Summary

Everlon Financials Ltd announced the appointment of Mr. Sanjay Rasiklal Dholakia as an Independent Director to its Board of Directors. The appointment was approved by the company's members at their 37th Annual General Meeting held on September 16, 2026, with effect from July 28, 2026. Mr. Dholakia brings over 35 years of experience in corporate laws, secretarial practice, corporate governance, and regulatory compliance. He is not related to any existing directors or key managerial personnel and is not debarred from accessing capital markets. His term as an Independent Director is for five years, and he does not hold any shares in the company.

Key Highlights

  • Sanjay Dholakia appointed as Independent Director.
  • Appointment effective from July 28, 2026.
  • Term of appointment is for five years.
  • Director has 35+ years of experience in corporate law.
  • No relationship with existing directors or promoters.