Management Change15 Jun 2026, 06:00 pm
Mohite Industries Appoints/Reappoints 3 Independent Directors
AI Summary
Mohite Industries Limited has announced changes in its board composition, appointing Mr. Sangramsinh Subhashrao Nimbalkar as a Non-Executive Independent Director for a term of 5 years. Additionally, Mr. Bhushan Madhukar Deshpande and Mr. Nikhil Vijay Nawandhar have been reappointed as Non-Executive Independent Directors, each for a 5-year term. All appointed directors have confirmed they are not debarred by any regulatory authority. Mr. Nimbalkar brings over 30 years of experience in government and semi-government industrial construction, while Mr. Deshpande has experience in the pharmaceutical retail sector and chairs the Pune Cricket Association.
Key Highlights
- Three independent directors appointed or reappointed to the board.
- Appointments are for a term of 5 years each.
- Directors confirmed not to be debarred by regulatory authorities.
- New director has extensive experience in industrial construction.
- Reappointed director has experience in pharmaceutical retail and sports administration.
Price Impact
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