
Management Change13 Jun 2026, 01:00 pm
Ludlow Jute MD Re-appointed for 3 Years
AI Summary
Ludlow Jute & Specialities Ltd announced the re-appointment of Mr. Ashish Chandrakant Agrawal as Managing Director for a further period of three years, effective from June 13, 2026, to June 12, 2029. This decision was made based on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors during their meeting held on June 13, 2026. The re-appointment is subject to shareholder approval. Mr. Agrawal brings over 30 years of industry experience in manufacturing, quality management, project execution, and business management.
Key Highlights
- Re-appointment of MD for a 3-year term approved.
- Term effective from June 13, 2026, to June 12, 2029.
- Subject to shareholder approval.
- MD has over 30 years of diverse industry experience.
Price Impact
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