StockWatch
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Management Change23 Apr 2026, 06:21 pm

Riddhi Display Board approves director changes, calls EGM

AI Summary

Riddhi Display Equipments Ltd's Board of Directors, in a meeting on April 23, 2026, noted the resignation of Independent Director Mr. Chand Rameshbhai Kanabar, effective March 28, 2026. The Board also approved the regularization of Mr. Alpeshkumar Chandulal Gajera as an Independent Director and the change in designation of Hansaben Shaileshbhai Pipaliya from Executive to Non-Executive Director. Both appointments are subject to shareholder approval at an Extraordinary General Meeting (EGM) scheduled for May 15, 2026, to be held via video conferencing. The Board also took note of director disclosures of interest and declarations of independence.

Key Highlights

  • Independent Director Mr. Chand Rameshbhai Kanabar resigned due to personal reasons.
  • Mr. Alpeshkumar Chandulal Gajera's regularization as an Independent Director was approved.
  • Hansaben Shaileshbhai Pipaliya's designation changed from Executive to Non-Executive Director.
  • An EGM is scheduled for May 15, 2026, to approve the director changes.
  • The Board noted director disclosures of interest and independence declarations.