Management Change29 May 2026, 08:22 pm
Sandesh Ltd: Falgunbhai Patel Re-appointed CMD for 5 Years
AI Summary
Sandesh Ltd's Board of Directors has approved the re-appointment of Shri Falgunbhai Chimanbhai Patel as Chairman and Managing Director for a term of 5 years, effective from April 1, 2027, to March 31, 2032. The re-appointment is subject to shareholder approval at the upcoming AGM. Shri Patel is not disqualified under the Companies Act 2013 and has consented to the role. He is also not debarred by any SEBI order. The board meeting to approve this concluded at 7:10 PM.
Key Highlights
- Falgunbhai Chimanbhai Patel re-appointed as Chairman and Managing Director.
- Term of re-appointment is 5 years, from April 1, 2027, to March 31, 2032.
- Re-appointment is subject to shareholder approval at the AGM.
- Shri Patel is not disqualified under the Companies Act 2013 or by any SEBI order.
- Board meeting concluded at 7:10 PM after approving the re-appointment.
Price Impact
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