Stylam Industries Appoints 8 New Directors, Approves AoA Amendments
Stylam Industries Limited's board of directors convened on June 17, 2026, approving the appointment of eight new directors, including Mr. Tirloki Nath Singla as Non-Executive Independent Director. The board also approved amendments to the Articles of Association and granted special rights to Aica Kogyo Company, Limited. Additionally, managerial remuneration for Managing Director Mr. Jagdish Gupta and Whole Time Director Mr. Manit Gupta was increased. These decisions are subject to shareholder approval.
Key Highlights
- Eight new directors appointed to the board.
- Articles of Association to be amended.
- Special rights granted to Aica Kogyo Company, Limited.
- Managerial remuneration for MD and WTD increased.
- Decisions pending shareholder approval.
Price Impact
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