StockWatch
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Cement & Cement Products
Management Change29 Sept 2026, 02:34 pm

Sainik Finance Appoints Somvir Sindhu as Non-Executive Director

AI Summary

Sainik Finance & Industries Ltd announced the appointment of Sh. Somvir Sindhu as a Non-Executive and Non-Independent Director. The appointment was approved by the company's members at the 34th Annual General Meeting (AGM) held on September 29, 2026. This decision followed recommendations from the Nomination & Remuneration Committee and approval from the Board of Directors in their meeting on August 12, 2026. Sh. Somvir Sindhu brings over 10 years of experience in coal mining and logistics, with business interests in mining, logistics, coal beneficiation, power generation, and real estate. He is not related to any existing director of the company.

Key Highlights

  • Sh. Somvir Sindhu appointed as Non-Executive, Non-Independent Director.
  • Appointment approved at the 34th AGM on September 29, 2026.
  • Director has over 10 years of experience in mining and logistics.
  • Sh. Somvir Sindhu is not related to any current director.