Management Change22 Sept 2026, 04:42 pm
Sal Automotive: MD & Independent Director Re-appointed
AI Summary
Sal Automotive Ltd. announced the re-appointment of Mr. Rama Kant Sharma as Managing Director for a term of five consecutive years, effective from February 4, 2027. Additionally, Mr. Uttam Sahay was re-appointed as an Independent Director for a second term of three consecutive years, commencing January 31, 2027, and concluding January 30, 2030. These re-appointments were approved by the company's members at their 51st Annual General Meeting held on September 21, 2026. Both individuals are confirmed not to be debarred from holding office by any SEBI Order or other authority. The filing includes brief profiles of both re-appointed directors.
Key Highlights
- MD Rama Kant Sharma re-appointed for 5 years from Feb 4, 2027.
- Independent Director Uttam Sahay re-appointed for 3 years from Jan 31, 2027.
- Re-appointments approved at the 51st Annual General Meeting.
- Both directors are not debarred by SEBI or other authorities.
Price Impact
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