StockWatch
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Packaging
Management Change29 May 2026, 01:46 am

Swadeshi Industries Appoints Dilip Pendse as Independent Director

AI Summary

Swadeshi Industries and Leasing Ltd announced the appointment of Mr. Dilip Jagdish Pendse as an Additional Independent Director to its Board, effective May 28, 2026. Mr. Pendse is a Chartered Accountant and Law Graduate with over three decades of diverse leadership experience in banking, NBFCs, and financial institutions. His expertise spans GST implementation, risk management, AML systems, mergers, and credit growth. Concurrently, the Board also approved the Audited Standalone and Consolidated Financial Results for the Quarter and Year ended March 31, 2026, with the Auditor's Report indicating an unmodified opinion.

Key Highlights

  • Swadeshi Industries appointed Mr. Dilip Jagdish Pendse as an Additional Independent Director.
  • Mr. Pendse's appointment is effective from May 28, 2026.
  • He brings over 30 years of diverse banking and finance experience.
  • The Board also approved the Q4 and FY26 audited financial results.
  • The Auditor's Report on the financial results was unmodified.