StockWatch
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Cables - Electricals
Management Change13 Aug 2026, 05:20 pm

Plaza Wires Re-appoints Key Management for 5 Years

AI Summary

Plaza Wires Limited announced board approval for the re-appointment of key management personnel, including Sanjay Gupta as Chairman and Managing Director, and Mrs. Sonia Gupta, Mr. Abhishek Gupta, and Mr. Aditya Gupta as Whole-Time Directors. All re-appointments are for a term of five consecutive years, effective from March 10, 2027, and are subject to shareholder approval via ordinary resolution at the upcoming 20th Annual General Meeting. Additionally, Mr. Ish Sadana and Ms. Swati Jain have been re-appointed as Non-Executive Independent Directors for a second five-year term commencing March 11, 2027, subject to special resolution approval. Ms. Monam Kapoor also secured re-appointment as Non-Executive Independent Director for a five-year term from March 11, 2027, pending shareholder approval.

Key Highlights

  • Sanjay Gupta re-appointed Chairman & MD for 5 years.
  • Sonia, Abhishek, and Aditya Gupta re-appointed as Whole-Time Directors.
  • Ish Sadana and Swati Jain re-appointed as Independent Directors.
  • Monam Kapoor re-appointed as Independent Director.
  • All appointments subject to shareholder approval.