Management Change6 Jul 2026, 08:10 pm
Shri Jagdamba Polymers Board Approves Director Changes
AI Summary
Shri Jagdamba Polymers Ltd announced significant board changes following a meeting on July 06, 2026. The board accepted the resignation of Director Mr. Vikas Shrikishan Agarwal due to professional commitments. Mr. Maheshkumar Gaurishanker Joshi ceased to be an Independent Director upon completing his terms. Mr. Ramakant Bhojnagarwala was redesignated as Chairman from July 07, 2026. The company also appointed Mr. Aalay Mehta and Mr. Hardik Shah as Additional Directors (Non-Executive Independent) for a five-year term, subject to shareholder approval. Consequently, the board committees were reconstituted effective July 07, 2026.
Key Highlights
- Director resignation accepted; new independent directors appointed.
- Managing Director redesignated as Chairman.
- Board committees reconstituted following director changes.
- Appointments are subject to shareholder approval.
- Effective dates for changes are July 6th and July 7th, 2026.
Price Impact
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