Management Change8 Aug 2026, 07:21 pm
Shaily Engineering Plastics: Amit Sanghvi Re-appointed MD for 5 Years
AI Summary
Shaily Engineering Plastics Ltd announced the re-appointment of Mr. Amit Sanghvi as Managing Director for a term of five years, effective October 1, 2026, through September 30, 2031. This decision was made during the Board of Directors' meeting on August 8, 2026, and is subject to shareholder approval at the upcoming 46th Annual General Meeting (AGM). The board also approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the company fixed September 11, 2026, as the record date for determining shareholders eligible for the final dividend for FY 2025-26 and approved a revised Code of Conduct for Prevention of Insider Trading.
Key Highlights
- Amit Sanghvi re-appointed as Managing Director for five years.
- Re-appointment effective from October 1, 2026, pending shareholder approval.
- Board approved Q1 FY27 unaudited financial results.
- Record date set for September 11, 2026, for FY26 final dividend.
- Revised Code of Conduct for Insider Trading approved.
Price Impact
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