Board Meeting4 Sept 2026, 08:30 pm
Manorama Industries Board Approves Director Appointment, Capital Increase
AI Summary
Manorama Industries Ltd held a board meeting on September 4, 2026, approving several key decisions. Dr. Rohini Tiwari was appointed as an Additional Director (Non-Executive Independent) for five years, subject to member approval. The board also approved the cut-off date for postal ballot notices and appointed M/s Mehta & Mehta as scrutinizers. MUFG Intime India Private Limited was engaged for e-voting facilities. Significant capital increases were approved for six wholly-owned subsidiaries across Ghana, Nigeria, Burkina Faso, Chad, Brazil, and UAE, totaling ₹65 crore. The tenure completion of Mr. Mudit Kumar Singh as Independent Director was also noted.
Key Highlights
- Dr. Rohini Tiwari appointed as Additional Non-Executive Independent Director.
- Postal ballot process finalized with cut-off date and scrutinizer appointment.
- E-voting facility to be provided by MUFG Intime India Private Limited.
- Capital increases approved for six international subsidiaries.
- Completion of tenure for Independent Director Mr. Mudit Kumar Singh noted.
Price Impact
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