StockWatch
·
Gems- Jewellery And Watches
Corporate Governance3 Sept 2026, 07:21 pm

S. M. Gold Ltd Re-appoints Independent Director for 5 Years

AI Summary

S. M. Gold Ltd announced the re-appointment of Mr. Ganpatbhai Babubhai Nayi as an Independent Director for a second consecutive term of five years. This reappointment is effective from October 1, 2026, to October 1, 2031, and is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Nayi, who has been an Independent Director since January 11, 2021, possesses extensive knowledge and experience in the jewellery business. The company confirmed he is not debarred from holding a director's office by any regulatory authority.

Key Highlights

  • Independent Director Mr. Ganpatbhai Babubhai Nayi re-appointed for 5 years.
  • Term commences October 1, 2026, and ends October 1, 2031.
  • Re-appointment requires shareholder approval at the upcoming AGM.
  • Director has extensive experience in the jewellery business.