Management Change25 Aug 2026, 04:50 pm
Mahan Industries Appoints Riddhi Shah as Independent Director
AI Summary
Mahan Industries Ltd announced the appointment of Riddhi Hardishkumar Shah as an Additional Director in the capacity of Non-Executive Independent Director. Her appointment is for a term of five years, effective August 25, 2026, subject to shareholder approval. The board also approved the reconstitution of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee following this appointment and the cessation of Yash Kamleshbhai Shah. Riddhi Shah is a qualified Company Secretary and law graduate with over three years of experience in corporate laws and secretarial practice.
Key Highlights
- Riddhi Hardishkumar Shah appointed as Non-Executive Independent Director.
- Appointment is for a term of 5 years, effective August 25, 2026.
- Board committees reconstituted following the appointment.
- Director is independent and has no relation to existing directors.
- Director has no directorships in other listed entities.
Price Impact
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