Management Change27 Aug 2026, 01:33 pm
Polymechplast Appoints Devang Shah as Non-Executive Independent Director
AI Summary
Polymechplast Machines Ltd announced the appointment of Mr. Devang Rasiklal Shah as an Additional Director and Non-Executive Independent Director. The appointment was approved by the Board of Directors on August 27, 2026, and is for a tenure of 5 years, concluding on August 26, 2031. This appointment is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Shah brings over 30 years of experience in business, with significant exposure to international business, cross-border operations, and regulatory compliance. He holds a B.Com and a Post Graduate Diploma in Export-Import.
Key Highlights
- Devang Rasiklal Shah appointed as Additional and Non-Executive Independent Director.
- Appointment is for a 5-year tenure, commencing August 27, 2026.
- Subject to shareholder approval at the next Annual General Meeting.
- Mr. Shah has over 30 years of business and international trade experience.
- No relationship disclosed between Mr. Shah and existing directors.
Price Impact
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