
Board Meeting13 Aug 2026, 07:40 pm
Sanstar Ltd Reappoints MDs, Regularises Nominee & Independent Directors
AI Summary
Sanstar Ltd announced the outcome of its Board Meeting held on August 13, 2026. The board approved the unaudited financial results for the quarter ended June 30, 2026. Key decisions included the re-appointment of Gouthamchand Sohanlal Chowdhary as Managing Director for a five-year term, and Sambhav Gautam Chowdhary and Shreyans Gautam Chowdhary as Joint Managing Directors for five years each. Additionally, the appointments of Mr. Jacques Georges Florent Guglielmi as Nominee Director and Mr. Niraj Yogeshbhai Shah as Independent Director were regularised. All re-appointments and regularisations are subject to shareholder approval at the upcoming Annual General Meeting.
Key Highlights
- Gouthamchand Sohanlal Chowdhary reappointed as MD for 5 years.
- Sambhav and Shreyans Chowdhary reappointed as Joint MDs for 5 years.
- Nominee and Independent Director appointments were regularised.
- Unaudited financial results for Q1 FY27 approved.
- Decisions are subject to shareholder approval at the AGM.
Price Impact
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