Corporate Governance22 Jun 2026, 06:20 pm
Ind-Swift Labs Re-appoints Director, Reconstitutes Board Committees
AI Summary
Ind-Swift Laboratories Ltd announced the re-appointment of Sh. Rajinder Kumar Gupta as Non-Executive Independent Director for a second term of five years, commencing June 23, 2026, subject to shareholder approval. The Board also approved the reconstitution of key committees, including the Audit Committee, Stakeholders Relationship Committee, and Risk Management Committee. Sh. Gupta, a retired Additional Commissioner of Income Tax with extensive experience in tax, administration, and legal matters, is not related to any other director of the company. The changes are effective immediately, with the shareholder approval to be obtained within three months.
Key Highlights
- Rajinder Kumar Gupta re-appointed as Independent Director for five years.
- Shareholder approval required for the re-appointment.
- Board committees including Audit and Risk Management reconstituted.
- Director has over 35 years of experience in Income Tax Department.
- Director is not related to any other company director.
Price Impact
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