Management Change20 Apr 2026, 04:10 pm
Rishabh Digha Steel Re-appoints Independent Director Jigar Sheth
AI Summary
Rishabh Digha Steel & Allied Products Ltd announced the re-appointment of Mr. Jigar Rajendra Sheth as an Independent Director for a second term of 5 years, effective April 22, 2026, to April 21, 2031. This decision was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. The re-appointment is subject to shareholder approval via a postal ballot process. The company has also appointed a scrutinizer for the postal ballot and outlined the calendar of events for the voting process.
Key Highlights
- Independent Director Jigar Rajendra Sheth re-appointed for a second 5-year term.
- Re-appointment effective April 22, 2026, subject to shareholder approval.
- Board approved re-appointment based on Nomination Committee recommendation.
- Shareholder approval to be sought via postal ballot and e-voting.
Price Impact
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