StockWatch
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Jute & Jute Products
Management Change13 Jun 2026, 01:01 pm

Ludlow Jute Reappoints Ashish Agrawal as MD for 3 Years

AI Summary

Ludlow Jute & Specialities Ltd announced the re-appointment of Mr. Ashish Chandrakant Agrawal as Managing Director for a period of three years, effective June 13, 2026, to June 12, 2029. This decision was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. The re-appointment is subject to shareholder approval. Mr. Agrawal brings over 30 years of industry experience in various leadership roles, including manufacturing, quality management, project execution, and business management. He holds a B.Tech. in Chemical Engineering and a Master's in Finance and Personnel Management.

Key Highlights

  • Ashish Chandrakant Agrawal re-appointed as Managing Director.
  • Term extended for three years from June 13, 2026.
  • Re-appointment subject to shareholder approval.
  • Mr. Agrawal has over 30 years of diverse industry experience.
  • No relationship with other directors; not debarred by SEBI.