
Management Change11 Aug 2026, 07:40 pm
Faze Three Ltd Appoints Mohit Solanki, Vinit Rathod Exits Board
AI Summary
Faze Three Ltd announced a change in its Board of Directors. Mr. Mohit Solanki has been appointed as an Additional Director (Non-Executive Independent) effective August 17, 2026. His appointment is initially until the conclusion of the ensuing AGM, with a proposed term of 5 years from August 17, 2026, to August 16, 2031, subject to shareholder approval. Concurrently, Mr. Vinit Rathod's tenure as an Independent Director has concluded after completing his second 5-year term, effective August 11, 2026. Mr. Solanki brings over 14 years of experience in banking, financial services, and the gems and jewelry industry.
Key Highlights
- Mohit Solanki appointed as Additional Director (Non-Executive Independent).
- Vinit Rathod ceases to be Independent Director after completing tenure.
- Solanki's appointment is subject to shareholder approval at the AGM.
- Solanki has 14+ years of experience in finance and gems/jewelry.
- Board composition change effective August 17, 2026.
Price Impact
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