Board Meeting16 Oct 2026, 05:20 pm
Laser Diamonds Appoints 3 Directors, Shifts Office, Secures ₹1.45 Cr Loan
AI Summary
Laser Diamonds Ltd (now Turner Industries Limited) announced key corporate actions following a Board of Directors meeting held on October 16, 2026. The company appointed Mr. Sachin Mishra, Mr. Chandresh Dutt Upadhyay as Additional Non-Executive Independent Directors, and Mrs. Mudrika Devi as an Additional Non-Executive Woman Director, all effective October 16, 2026. The registered office will be shifted within Tamil Nadu, and a new corporate office will be established in New Delhi, both effective October 17, 2026. Additionally, the Board approved a loan facility of ₹1,45,00,000 (₹1.45 Crore) from Chemfit PVC Solutions Private Limited. Various Board committees were also reconstituted.
Key Highlights
- Three new directors appointed to the Board.
- Company is shifting its registered office and opening a new corporate office.
- Secured a loan facility of ₹1.45 Crore from Chemfit PVC Solutions.
- Reconstitution of key Board committees including Audit and NRC.
- Company name changed to Turner Industries Limited.
Price Impact
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