Board Meeting8 May 2026, 04:16 pm
Piccadily Sugar: Renu Rawat Appointed as Additional Director
AI Summary
Piccadily Sugar & Allied Industries Ltd's board meeting on May 8, 2026, approved the appointment of Ms. Renu Rawat as an Additional Independent Director for a five-year term, subject to shareholder approval. The board also accepted the resignation of Ms. Ramneek Kaur as an Independent Director due to personal commitments. Additionally, the board approved a postal ballot for the appointment of M/s. Rattan Kaur and Associates as statutory auditors and the appointment of Ms. Renu Rawat as an Additional Independent Director.
Key Highlights
- Renu Rawat appointed as Additional Independent Director effective May 8, 2026.
- Ramneek Kaur resigned as Independent Director due to personal commitments.
- Postal ballot approved for auditor appointment and Renu Rawat's appointment.
- Renu Rawat is not related to any director and meets independence criteria.
- Board appreciates Ramneek Kaur's contributions during her tenure.
Price Impact
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