StockWatch
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Trading - Textile Products
Management Change8 Sept 2026, 09:00 pm

Svarnim Trade Udyog Ltd Appoints New Directors, Reconstitutes Committees

AI Summary

Svarnim Trade Udyog Ltd announced key management changes following a Board of Directors meeting held on September 8, 2026. The company appointed Mr. Parin Shirishkumar Bhavsar as an Additional Non-Executive and Independent Director and Ms. Sangeeta Aggarwal as an Additional Non-Executive and Non-Independent Director cum Chairperson. The board also reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee. Concurrently, Mr. Gulshan Kumar Aggarwal and Ms. Nidhi Bansal ceased to hold their directorships due to non-approval of resolutions by shareholders at the 44th AGM.

Key Highlights

  • New directors appointed to the board.
  • Key board committees have been reconstituted.
  • Two directors ceased to hold office post-AGM.
  • The changes are effective from September 8, 2026.