Shekhawati Industries Board Approves Promoter Reclassification & New Director Appointment
Shekhawati Industries Ltd's Board of Directors met on September 15, 2026, approving the reclassification request of M/s. Altius Buildcon Private Limited from 'Promoter & Promoter Group' to 'Public' category, subject to stock exchange approval. The board also accepted the resignation of Whole-time Director Mr. Ravi Sanjay Jogi and approved the appointment of Mr. Shrey Mukesh Ruia as an Executive Director for five years, pending shareholder approval. Mr. Ruia brings extensive experience in textile manufacturing and a vision for diversification.
Key Highlights
- Board approved promoter reclassification from Promoter to Public.
- Resignation of Whole-time Director Mr. Ravi Sanjay Jogi accepted.
- Mr. Shrey Mukesh Ruia appointed as Executive Director for 5 years.
- Appointment is subject to shareholder approval.
Price Impact
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