Management Change4 Jun 2026, 07:01 pm
GB Global Ltd: Paresh Jain Reappointed Independent Director
AI Summary
GB Global Ltd announced the re-appointment of Mr. Paresh Jain as an Independent Director for a second term of five years, effective June 5, 2026, through June 4, 2031. This decision was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. The re-appointment is subject to shareholder approval at the upcoming General Meeting. Mr. Jain is a Chartered Accountant with over 10 years of experience in taxation, regulatory compliance, and corporate advisory. He is not debarred from holding directorship by any regulatory authority.
Key Highlights
- Paresh Jain reappointed as Independent Director for a second term.
- Term is for five years, from June 5, 2026, to June 4, 2031.
- Re-appointment subject to shareholder approval at the General Meeting.
- Director has over 10 years of experience in finance and advisory.
- No regulatory debarment from holding directorship.
Price Impact
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