StockWatch
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Packaging
AGM/EGM31 Jul 2026, 05:30 pm

Shetron Ltd: Kartik Nayak Re-appointed Joint MD for 3 Years

AI Summary

Shetron Ltd has updated the stock exchange following its 46th AGM held on July 31, 2026. The shareholders approved the re-appointment of Mr. Kartik Nayak as Joint Managing Director for a further term of 3 years, effective May 15, 2026. Mr. Nayak, who has extensive experience in the packaging industry, is a relative of Mr. Diwakar S Shetty, the Executive Chairman and Whole Time Director. This re-appointment aligns with SEBI regulations and corporate governance practices.

Key Highlights

  • Kartik Nayak re-appointed Joint Managing Director for 3 years.
  • Re-appointment effective from May 15, 2026.
  • Shareholders approved the reappointment at the 46th AGM.
  • Mr. Nayak is related to Executive Chairman Diwakar S Shetty.
  • Disclosure made as per SEBI regulations.