Board Meeting10 Mar 2026, 05:12 pm
Paushak Ltd Announces Resignation of Whole-time Director & COO, and Appointment of New Whole-time Director
AI Summary
Paushak Ltd has announced the resignation of Mr. Chintan Gosaliya, Whole-time Director & COO, effective from 31st March, 2026. The company has also announced the appointment of Mr. Jain Parkash, Sr. Vice President - Operational Excellence, as an Additional Director and Whole-time Director for a term of 3 years, subject to approval of members by way of Special Resolution.
Key Highlights
- Mr. Chintan Gosaliya has tendered his resignation from the services (including directorship) of the Company w.e.f. 31st March, 2026.
- Mr. Jain Parkash has been approved by the Board of Directors as an Additional Director and Whole-time Director (Key Managerial Personnel) of the Company w.e.f. 15th April, 2026 for a term of 3 years.
- Mr. Jain Parkash is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.
- The Company will seek shareholders' approval for the aforementioned appointment in due course.
- Mr. Chintan Gosaliya's resignation was accepted by the Board of Directors at its meeting held today.