StockWatch
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Diversified Retail
Management Change13 Aug 2026, 03:19 pm

JHS Svendgaard Retail Appoints Two Additional Independent Directors

AI Summary

JHS Svendgaard Retail Ventures Ltd announced the appointment of Mrs. Richa Sood and Mr. Mukul Pathak as Additional Independent Directors. The appointments were approved by the Board of Directors on August 13, 2026, based on the recommendation of the Nomination and Remuneration Committee. Both directors will serve for a term of five years, subject to shareholder approval. They have been confirmed to meet the independence criteria as per SEBI and Companies Act regulations. The Nomination and Remuneration Committee has also been reconstituted to include the new directors.

Key Highlights

  • Two new Additional Independent Directors appointed.
  • Appointments are for a five-year term, pending shareholder approval.
  • Directors meet independence criteria under SEBI and Companies Act.
  • Nomination and Remuneration Committee has been reconstituted.