Syschem India Appoints Ranjan Jain, Suninder Singh as Directors
Syschem India Ltd announced the outcome of its Board Meeting held on June 3, 2026. The board approved the appointment and re-designation of Mr. Ranjan Jain as Whole-Time Director and Mr. Suninder Veer Singh as Managing Director, both for a period of five years effective from June 3, 2026. Their monthly remuneration is capped at ₹7,00,000 each, subject to shareholder approval. The company also approved the notice for a postal ballot to seek shareholder consent for these appointments and remuneration, along with appointing a scrutinizer and fixing June 5, 2026, as the cut-off date for voting eligibility. The e-voting process is scheduled from June 13 to July 12, 2026, with results to be declared on July 14, 2026.
Key Highlights
- Ranjan Jain appointed Whole-Time Director, Suninder Singh as Managing Director.
- Both appointments are for five years, effective June 3, 2026.
- Monthly remuneration for each director set at up to ₹7,00,000.
- Shareholder approval required for appointments and remuneration.
- Postal ballot process initiated for member voting.
Price Impact
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