StockWatch
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Trading & Distributors
Management Change5 Aug 2026, 09:11 pm

Newever Trade Wings Appoints Navneet Khare as Independent Director

AI Summary

Newever Trade Wings Ltd announced the appointment of Mr. Navneet Khare as an Additional Independent Director for a term of 5 years, effective August 5, 2026. This appointment was approved during a Board Meeting held on August 5, 2026. The meeting also addressed the resignation of M/s. PAMS & Associates as Statutory Auditors and proposed the appointment of M/s. Lipika and Associates for a 5-year term. Additionally, Mr. Nitin Oza was appointed as Internal Auditor, and Mr. Manoj Batham was appointed as Additional Director (Executive-Managing Director) and Chief Financial Officer.

Key Highlights

  • Navneet Khare appointed as Additional Independent Director for 5 years.
  • Board meeting approved auditor changes and internal auditor appointment.
  • Manoj Batham appointed as Managing Director and CFO.
  • Appointments are subject to member approval at the upcoming AGM/EGM.