
Management Change19 May 2026, 09:11 pm
Shaily Appoints Chi Hung Kam as Healthcare COO & KMP
AI Summary
Shaily Engineering Plastics Ltd has appointed Mr. Chi Hung Kam as Chief Operating Officer, Healthcare, as a Key Managerial Personnel (KMP) effective May 20, 2026. This decision was made during the Board of Directors meeting held on May 19, 2026, where the board also approved audited financial results, recommended a final dividend of ₹3 per share, and appointed internal and cost auditors for FY 2026-27. Additionally, the board passed an enabling resolution to raise up to ₹500 Crores to support business growth and diversification into areas like drug delivery devices, consumer electronics, and semiconductor components.
Key Highlights
- Chi Hung Kam appointed as Healthcare COO and KMP, effective May 20, 2026.
- Board recommends a final dividend of ₹3 per share for FY 2026.
- Jain & Hindocha appointed as Internal Auditor for FY 2026-27.
- YS Thakar & Co appointed as Cost Auditor for FY 2026-27.
- Board approves enabling resolution to raise up to ₹500 Crores.
Price Impact
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