StockWatch
·
Auto Components & Equipments
Management Change7 Aug 2026, 06:00 pm

RACL Geartech Re-appoints Gursharan Singh as CMD for 5 Years

AI Summary

RACL Geartech Ltd announced the re-appointment of Mr. Gursharan Singh as Chairman and Managing Director for a further term of five years, commencing August 23, 2027, and concluding on August 22, 2032. This decision was made by the Board of Directors based on the recommendations of the Nomination and Remuneration Committee and is subject to shareholder approval. Mr. Singh, a Mechanical Engineer with over 45 years of industry experience, is confirmed not to be debarred from holding office by any statutory authority. The Board meeting where this was decided took place on August 7, 2026.

Key Highlights

  • Mr. Gursharan Singh re-appointed as CMD for five years.
  • New term effective from August 23, 2027, to August 22, 2032.
  • Re-appointment is subject to shareholder approval.
  • Mr. Singh has over 45 years of extensive industry experience.
  • No statutory debarment for Mr. Singh from holding office.