StockWatch
·
Industrial Products
Corporate Governance14 Aug 2026, 09:13 pm

International Conveyors Re-appoints Independent Director for 5 Years

AI Summary

International Conveyors Ltd announced the re-appointment of Shri Sunit Mehra as a Non-Executive Independent Director for a second term of five years, effective September 25, 2026, to September 24, 2031. This decision was approved by the Board of Directors on August 14, 2026, following a recommendation from the Nomination & Remuneration Committee. The re-appointment is subject to shareholder approval at the upcoming Annual General Meeting. Shri Mehra's expertise lies in Corporate Governance, and his reappointment does not alter the composition of the Board's committees. A detailed profile highlighting his experience in the development sector and corporate leadership is provided.

Key Highlights

  • Shri Sunit Mehra re-appointed as Non-Executive Independent Director.
  • Second term of 5 years commences September 25, 2026.
  • Re-appointment subject to shareholder approval at the AGM.
  • No change in Board committee composition.
  • Director specializes in Corporate Governance and development sector.