StockWatch
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Cement & Cement Products
Management Change12 Aug 2026, 05:03 pm

Sainik Finance Reconstitutes Board Committees Post Director Resignation

AI Summary

Sainik Finance & Industries Ltd has announced the reconstitution of its Stakeholders Relationship Committee (SRC) and Corporate Social Responsibility (CSR) Committee, effective August 12, 2026. This change follows the resignation of Sh. Kuldeep Singh Solanki, a Non-Executive Director, and the subsequent appointment of Sh. Somvir Sindhu as a Non-executive Director. The company has provided an updated list of directors and the new composition of these committees as an annexure to the filing. The reconstitution was approved during a Board Meeting held on the effective date.

Key Highlights

  • Board committees reconstituted due to director changes.
  • Resignation of one Non-Executive Director accepted.
  • New Non-executive Director appointed to the board.
  • SRC and CSR committee compositions updated.
  • Changes effective from August 12, 2026.