Management Change29 Jul 2026, 01:26 pm
Gujjubhai Industries Appoints New Director, Accepts Resignation
AI Summary
Gujjubhai Industries Ltd announced board approvals for the appointment of Mr. Sagar Maheshkumar Mavani as Additional Independent Director and the resignation of Mr. Bhavin Mehta as Director. The board meeting took place on July 29, 2026. Mr. Mavani brings over 19 years of experience in finance and consulting, holding an MBA in Finance. He is not related to any existing directors or key managerial personnel. The company also confirmed its previous name was Sumuka Agro Industries Limited.
Key Highlights
- Sagar Maheshkumar Mavani appointed as Additional Independent Director.
- Bhavin Mehta resigned from the post of Director.
- Board meeting held on July 29, 2026.
- Mr. Mavani has 19+ years of finance and consulting experience.
- Mr. Mavani is not related to any company directors.
Price Impact
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