
Management Change13 Aug 2026, 05:35 pm
Shree Pacetronix Re-appoints Joint MD and Independent Directors
AI Summary
Shree Pacetronix Ltd announced board approvals for the re-appointment of key managerial personnel. Mr. Akash Sethi has been re-appointed as Joint Managing Director for a three-year term from August 14, 2027, to August 13, 2030. Additionally, Ms. Manali Tongia and Ms. Somya Chabbra have been re-appointed as Non-Executive Independent Directors for a second term of five years each, effective March 24, 2027, and May 6, 2027, respectively. These re-appointments are subject to shareholder approval at the upcoming Annual General Meeting. The board also transacted other regular administrative and operational business.
Key Highlights
- Re-appointment of Mr. Akash Sethi as Joint MD approved for 3 years.
- Ms. Manali Tongia re-appointed as Non-Executive Independent Director for 5 years.
- Ms. Somya Chabbra re-appointed as Non-Executive Independent Director for 5 years.
- All re-appointments are subject to shareholder approval.
- Board meeting held on August 13, 2026, transacted multiple business items.
Price Impact
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