
Management Change14 Aug 2026, 07:41 pm
Sobhagya Mercantile Appoints Aarti Bhangdiya as Additional Director
AI Summary
Sobhagya Mercantile Ltd has announced the appointment of Mrs. Aarti Shrikant Bhangdiya as an additional director in the category of Non-executive, Non-Independent Director. Her appointment is effective from August 14, 2026, and she will hold the position until the upcoming Annual General Meeting, subject to shareholder approval. Mrs. Bhangdiya holds a B.Com degree and has over 10 years of experience in business management and corporate governance. She is the wife of Mr. Shrikant Bhangdiya, the Managing Director. The board meeting also approved the unaudited standalone financial results for the quarter ended June 30, 2026, and discussed other agenda items including the upcoming AGM.
Key Highlights
- Aarti Shrikant Bhangdiya appointed as Non-executive, Non-Independent Director.
- Appointment effective August 14, 2026, pending shareholder approval.
- Director brings over 10 years of business management experience.
- Mrs. Bhangdiya is related to the Managing Director, Mr. Shrikant Bhangdiya.
- Board also approved Q1 FY27 unaudited financial results.
Price Impact
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