StockWatch
·
-
Management Change5 Nov 2026, 04:52 pm

Shayona Engineering: Director's Designation Changed

AI Summary

Shayona Engineering Limited announced a change in the designation of Mrs. Kinnari Vipulbhai Solanki from Whole-time Director (Executive Director) to Non-Executive, Non-Independent Promoter Director, effective November 5, 2026. This change, approved by the Board of Directors, means Mrs. Solanki will no longer handle executive responsibilities or receive remuneration for her previous role. Her directorship continues without interruption. She is the spouse of the Managing Director, Mr. Vipul Bhikhabhai Solanki.

Key Highlights

  • Director's designation changed from Whole-time to Non-Executive.
  • Executive responsibilities and remuneration ceased from Nov 5, 2026.
  • Directorship continues without interruption.
  • No resignation or fresh appointment involved.
  • Director is spouse of the Managing Director.