Management Change17 Jul 2026, 04:22 pm
Lakhotia Polyesters: Director Resigns, New Director Appointed
AI Summary
Lakhotia Polyesters (India) Ltd announced the resignation of Mr. Nikunj Shrawan Bihani as Non-Executive Independent Director, effective July 17, 2026, due to pre-occupation and personal unavoidable circumstances. Concurrently, the Board of Directors approved the appointment of Ms. Kajal Dubey as an Additional Director in the capacity of Non-Executive Independent Director for a term of five years, effective July 17, 2026, subject to shareholder approval. Ms. Dubey is an MBA in Finance and is not related to any existing directors.
Key Highlights
- Mr. Nikunj Shrawan Bihani resigns as Non-Executive Independent Director.
- Ms. Kajal Dubey appointed as Additional Non-Executive Independent Director.
- New directorship is for a term of five years, subject to member approval.
- Resignation attributed to professional commitments and personal reasons.
Price Impact
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