StockWatch
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Pharmaceuticals
Management Change14 Aug 2026, 05:07 pm

Panchsheel Organics Appoints New Director Post Demise

AI Summary

Panchsheel Organics Ltd announced the appointment of Mrs. Chandan Mahendra Turakhia as an Additional Director (Non-Executive, Non-Independent). This appointment follows the demise of Shri. Mahendra A. Turakhia. Mrs. Turakhia, with over 35 years of experience in HRA and motivational training, holds a graduation from Malaya University and has excelled in accounting principles. She is the wife of the deceased director and sister-in-law to other promoters. Her appointment is effective August 14, 2026, subject to shareholder approval. She is not debarred from holding a director's office and has no shareholding in the company.

Key Highlights

  • New director appointed following the demise of a previous director.
  • Appointee has over 35 years of experience in HRA and motivational training.
  • Appointment is subject to shareholder approval.
  • The new director is related to the company's promoters.