Management Change26 May 2026, 06:11 pm
Raja Bahadur Intl: Shridhar Pittie Re-appointed CMD
AI Summary
Raja Bahadur International Ltd. announced the re-appointment of Mr. Shridhar N. Pittie as Chairman & Managing Director for a term of 3 years effective from June 30, 2026, subject to member approval at the upcoming Annual General Meeting. Mr. Pittie, aged 73, has been instrumental in the company's turnaround and real estate development activities. He is also the father of Executive Directors Mr. Umang Pittie and Mr. Vaibhav Pittie. The re-appointment was approved at the Board of Directors meeting held on May 26, 2026.
Key Highlights
- Shridhar N. Pittie re-appointed as Chairman & Managing Director.
- Re-appointment effective June 30, 2026, for 3 years.
- Subject to member approval at the Annual General Meeting.
- Mr. Pittie has 55 years of experience, including 44 in managerial roles.
- He is a promoter and father of two Executive Directors.
Price Impact
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