Management Change18 Jun 2026, 02:59 pm
Simplex Castings Appoints Smita Thakur as Independent Director
AI Summary
Simplex Castings Ltd has announced the appointment of Mrs. Smita Thakur as an Additional Director, designated as Non-Executive Independent Director. This appointment is effective from June 18, 2026, and is subject to shareholder approval. Mrs. Thakur's term will be for 5 years, concluding on June 17, 2031. She brings expertise from her proprietorship firm, Smita Jain & Co., which specializes in taxation, audit, and banking sectors. Mrs. Thakur is not related to any existing directors or key managerial personnel and is not barred from capital markets.
Key Highlights
- Mrs. Smita Thakur appointed as Additional Independent Director.
- Appointment effective June 18, 2026, pending shareholder approval.
- Term of 5 years, from June 18, 2026, to June 17, 2031.
- Director has expertise in taxation, audit, and banking.
- No relation to existing directors or KMPs.
Price Impact
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