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Management Change23 Mar 2026, 03:14 pm

New Light Industries Ltd: Appointment of New Managing Director and CFO, Resignation of Current Managing Director, and Secretarial Auditor Re-Appointment

AI Summary

The Board of Directors of New Light Industries Ltd held a meeting on 23rd March, 2026, where they approved several key decisions. Mr. Saurabh Agrawal was appointed as the new Managing Director and Chief Financial Officer. Mrs. Himanshi Sharma resigned from her positions as Managing Director and Chief Financial Officer due to prior professional commitments. The Board expressed gratitude for her contributions. Mr. Shashank Kumar, Proprietor of M/s Shashank Kumar & Associates, was re-appointed as the Secretarial Auditor for the financial year 2025-2026. The proposed acquisition of Jonquil Global Private Limited has been temporarily deferred due to a longer-than-anticipated due diligence process.

Key Highlights

  • Appointment of Mr. Saurabh Agrawal as Managing Director and CFO.
  • Resignation of Mrs. Himanshi Sharma from her positions as Managing Director and CFO.
  • Re-Appointment of Mr. Shashank Kumar as Secretarial Auditor.
  • Temporary deferment of the proposed acquisition of Jonquil Global Private Limited.
NEWLIGHT
Trading & Distributors
New Light Apparels Ltd

Price Impact