Management Change2 May 2026, 04:00 pm
Shetron Ltd: Kartik Nayak Re-appointed as Joint MD
AI Summary
Shetron Ltd's Board of Directors re-appointed Mr. Kartik Manohar Nayak as Joint Managing Director for three years, effective May 15, 2026, subject to shareholder approval. Additionally, Messrs. Ishwar & Gopal and Messrs. T.R. Chadha & Co. were re-appointed as Internal Auditors, and Mr. Vishwanath Bhat of Bhat & Co. was re-appointed as Cost Auditor for FY 2026-27, based on the Audit Committee's recommendation.
Key Highlights
- Kartik Manohar Nayak re-appointed as Joint Managing Director for three years, effective May 15, 2026.
- Re-appointment is subject to shareholder approval at the upcoming General Meeting.
- Messrs. Ishwar & Gopal and Messrs. T.R. Chadha & Co. re-appointed as Internal Auditors for FY 2026-27.
- Mr. Vishwanath Bhat of Bhat & Co. re-appointed as Cost Auditor for FY 2026-27.
- Re-appointments based on the recommendation of the Audit Committee.
Price Impact
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