StockWatch
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Forest Products
Management Change17 Jun 2026, 03:59 pm

Stylam Industries Appoints 8 New Directors, Hikes MD/WTD Remuneration

AI Summary

Stylam Industries Limited announced significant management changes following a board meeting on June 17, 2026. The company approved the appointment of eight new additional directors, including Mr. Tirloki Nath Singla as Non-Executive Independent Director and Mr. Naruhiro Amada as Executive Director (Whole Time Director). Additionally, the board approved amendments to the Articles of Association and granted special rights to Aica Kogyo Company, Limited. The managerial remuneration for Managing Director Mr. Jagdish Gupta and Whole Time Director Mr. Manit Gupta was also increased. These changes are subject to shareholder approval.

Key Highlights

  • Eight new directors appointed to the board.
  • Special rights granted to Aica Kogyo Company, Limited.
  • Managerial remuneration for MD and WTD increased.
  • Changes are subject to shareholder approval.