Management Change2 Nov 2026, 04:11 pm
Mangalam Drugs: Prabhakar Zavar Appointed Independent Director
AI Summary
Mangalam Drugs & Organics Ltd announced the successful appointment of Mr. Prabhakar Raghunath Zavar as an Independent Director. The appointment, effective September 15, 2026, is for a term of five consecutive years. This decision was reached through a postal ballot process, where members approved the resolution with the requisite majority via remote e-voting. Mr. Zavar will serve until he attains the age of 78. The company has submitted the voting results and the Scrutinizer's Report as per SEBI LODR Regulations.
Key Highlights
- Mr. Prabhakar Zavar appointed as Independent Director.
- Appointment effective September 15, 2026, for a 5-year term.
- Members approved the appointment via postal ballot and remote e-voting.
- Resolution passed with the required majority.
- Company complied with SEBI LODR Regulations for disclosure.
Price Impact
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