Jai Balaji Industries Appoints New Director, Reappoints Two Independent Directors

Jai Balaji Industries Ltd announced key management changes following a Board Meeting on August 14, 2026. The company approved the appointment of Shri Babu Swadesh Sharma as an Additional Director and Whole Time Director for three years, effective September 15, 2026, subject to shareholder approval. Additionally, Shri Pradip Kumar Tibdewal and Shri Parthasarathi Mukhopadhyay were re-appointed as Non-Executive Independent Directors for a second term of five years, commencing April 16, 2027, and August 8, 2027, respectively, also pending shareholder consent. The board also approved the appointment of M/s. Mondal & Associates as the Cost Auditor for FY 2026-27. Concurrently, Shri Bimal Kumar Choudhary will cease to be a Whole-time Director and Director effective September 14, 2026, upon completion of his tenure.