AGM/EGM8 Sept 2026, 07:31 pm
Garware Technical Fibres Shareholders Approve Director Re-appointments
AI Summary
Garware Technical Fibres Ltd. announced that its shareholders, at the 49th Annual General Meeting held on September 8, 2026, approved the re-appointment of Dr. Shridhar Shrikrishna Rajpathak as a Non-Executive Independent Director for a second five-year term from November 12, 2026, to November 11, 2031. Additionally, Mr. Vayu Ramesh Garware was re-appointed as Managing Director, to be designated as "Chairman and Managing Director," for a five-year term effective December 1, 2026. Both directors meet independence criteria and are not debarred from reappointment by any statutory authority.
Key Highlights
- Shareholders approved re-appointment of Dr. Shridhar Shrikrishna Rajpathak as Independent Director.
- Dr. Rajpathak's second term as Independent Director is for five years, effective Nov 12, 2026.
- Mr. Vayu Ramesh Garware re-appointed as Chairman and Managing Director.
- Mr. Garware's new term as CMD is for five years, effective Dec 1, 2026.
- Both directors confirmed to meet independence and eligibility criteria.
Price Impact
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