StockWatch
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Board Meeting5 Nov 2026, 04:40 pm

Shayona Engineering Board Approves Director Changes, Committee Reconstitution

AI Summary

Shayona Engineering Limited's Board of Directors met on November 5, 2026. Key decisions included noting the resignation of Mrs. Arpita Tejaskumar Shah as Independent Director and approving the change in designation of Mrs. Kinnari Vipulbhai Solanki from Whole-time Director to Non-Executive Promoter Director. The Board also approved the reconstitution of the Audit Committee and the Nomination and Remuneration Committee, and the dissolution of the Stakeholders Relationship Committee, citing the company's shareholder base and legal thresholds.

Key Highlights

  • Resignation of Independent Director noted.
  • Whole-time Director redesignated as Non-Executive Promoter Director.
  • Audit and Nomination Committees reconstituted.
  • Stakeholders Relationship Committee dissolved.
  • Board meeting held on November 5, 2026.