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Management Change29 Aug 2026, 07:30 pm

Onesource Industries: MD & Chairman Resigns, New MD Appointed

AI Summary

Onesource Industries And Ventures Ltd announced significant management changes following a Board Meeting held on August 29, 2026. Mr. Shibhu Maurya resigned from his positions as Managing Director, Director, and Chairman due to personal reasons. Concurrently, Ms. Simran Mishra has been appointed as an Additional Executive Director and will take over as the new Managing Director and KMP for a period of 5 years, subject to shareholder approval. The Board also reconstituted the Audit Committee following these changes.

Key Highlights

  • Mr. Shibhu Maurya resigned as Managing Director and Chairman.
  • Ms. Simran Mishra appointed as Additional Executive Director.
  • Ms. Simran Mishra appointed as new Managing Director and KMP.
  • Audit Committee reconstituted following management changes.
  • Shareholder approval required for new MD's appointment.