
Oriental Rail Infrastructure Ltd: Board Approves Director Changes & Dividend
Oriental Rail Infrastructure Ltd announced key management changes and financial updates following its board meeting on August 11, 2026. The board approved the re-appointment of Mrs. Sheetal Nagda as Independent Director for a second five-year term and appointed Mr. Tahaa S Mithiborwala as Whole-Time Director. Mr. Karim N Mithiborwala resigned as Managing Director, and Mr. Saleh N Mithiborwala was appointed as the new Managing Director, also retaining his roles as Chairperson and CFO. The company also approved the unaudited financial results for the quarter ended June 30, 2026, and fixed September 1, 2026, as the record date for a final dividend, subject to shareholder approval. The 35th AGM is scheduled for September 8, 2026.
Key Highlights
- Re-appointment of Mrs. Sheetal Nagda as Independent Director approved.
- Mr. Tahaa S Mithiborwala appointed as Whole-Time Director.
- Mr. Saleh N Mithiborwala appointed as Managing Director.
- Resignation of Mr. Karim N Mithiborwala as Managing Director accepted.
- Unaudited financial results for Q1 FY27 approved.
Price Impact
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