
Management Change3 Jul 2026, 04:13 pm
Sai Capital Ltd: CMD Re-appointment Approved for 5 Years
AI Summary
Sai Capital Limited's Board of Directors, in a meeting held on July 03, 2026, approved the re-appointment of Dr. Niraj Kumar Singh as Chairman and Managing Director. This reappointment is for a term of five consecutive years, commencing from June 25, 2027, to June 24, 2032, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The company also announced the 31st AGM will be held on August 25, 2026, via Video Conferencing. The register of members and share transfer books will be closed from August 19 to August 25, 2026, for the AGM. The cut-off date for e-voting eligibility is August 19, 2026, with remote e-voting from August 22 to August 24, 2026.
Key Highlights
- Dr. Niraj Kumar Singh re-appointed as CMD for 5 years.
- Re-appointment term: June 25, 2027, to June 24, 2032.
- Shareholder approval required at the upcoming AGM.
- 31st AGM scheduled for August 25, 2026, via VC/OAVM.
- Book closure for AGM from August 19 to August 25, 2026.
Price Impact
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