Management Change30 May 2026, 01:01 pm
R R Kabel: Mahhesh & Rajesh Kabra Named Joint Managing Directors
AI Summary
R R Kabel Ltd. announced the change in designations of Shri Mahhesh Kabra and Shri Rajesh Kabra from Whole-time Directors (currently designated as Executive Directors) to Joint Managing Directors, effective June 1, 2026, subject to shareholder approval at the upcoming Annual General Meeting. Both will be Key Managerial Personnel under Section 203 of the Companies Act, 2013. The decision was made based on the recommendation of the Nomination and Remuneration Committee during a Board of Directors meeting held on May 30, 2026.
Key Highlights
- Shri Mahhesh Kabra and Shri Rajesh Kabra appointed as Joint Managing Directors w.e.f. June 1, 2026.
- Appointment subject to shareholder approval at the ensuing Annual General Meeting.
- Both individuals will be Key Managerial Personnel as per Section 203 of the Companies Act, 2013.
- The decision was based on the recommendation of the Nomination and Remuneration Committee.
Price Impact
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