Management Change27 Feb 2026, 06:52 pm
Padmanabh Industries Ltd: New Managing Director Appointed, Current MD Resigns
AI Summary
In a recent development, Padmanabh Industries Ltd has announced the resignation of its current Managing Director, Mr. Dhairya Bharatbhai Shah, who is leaving to pursue other professional opportunities. The Board of Directors has simultaneously appointed Mr. Akash Parmar as the new Managing Director for a term of five years, subject to necessary approvals.
Key Highlights
- Mr. Dhairya Bharatbhai Shah resigns as Managing Director of Padmanabh Industries Ltd.
- Mr. Akash Parmar appointed as the new Managing Director for a term of five years.
- Mr. Parmar holds a Master of Engineering degree and has over three years of experience in business development and team leadership.
- The changes are subject to necessary approvals from regulatory/statutory authorities and the shareholders of the Company.
Price Impact
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