StockWatch
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Gems- Jewellery And Watches
Management Change10 Jun 2026, 07:01 pm

Spice Islands Appoints Dr. Khorakiwala as Non-Executive Chairman

AI Summary

Spice Islands Industries Ltd announced the outcome of a circular resolution passed by its Board of Directors on June 10, 2026. The board approved the appointment of Dr. Huzaifa Habil Khorakiwala as an Additional Director (Non-Executive) and Non-Executive Chairman, effective June 10, 2026. Additionally, Mr. Nikhil Saran Mathur was appointed as an Additional Director (Non-Executive). Both appointments are subject to shareholder approval. The company confirmed that neither appointee is debarred from holding a director's office. Dr. Khorakiwala brings extensive experience from Wockhardt Limited and the Wockhardt Foundation.

Key Highlights

  • Dr. Huzaifa Habil Khorakiwala appointed Non-Executive Chairman.
  • Mr. Nikhil Saran Mathur appointed Additional Non-Executive Director.
  • Appointments are effective June 10, 2026, pending shareholder approval.
  • Both appointees are not debarred from directorship by any authority.