
Syschem India Board Approves MD Change & New Auditor
Syschem India Ltd's Board of Directors, at its meeting on October 8, 2026, noted the approvals from the 33rd Annual General Meeting. Mr. Suninder Veer Singh's designation was changed from Whole-Time Director to Managing Director, effective September 30, 2026. Simultaneously, Mr. Ranjan Jain was redesignated from Managing Director to Whole-Time Director. Mr. Singh has taken charge as Managing Director and discussed measures to improve operational efficiency, strengthen sales, optimize production, control costs, and enhance profitability. The Board also noted the appointment of M/s Bansal Vijay & Associates as the new Statutory Auditors for a five-year term. The Board reviewed business operations and future plans in light of these changes.
Key Highlights
- Suninder Veer Singh appointed Managing Director, effective Sep 30, 2026.
- Ranjan Jain redesignated as Whole-Time Director.
- M/s Bansal Vijay & Associates appointed Statutory Auditors for five years.
- New MD discussed strategies for operational efficiency and growth.
- Board reviewed business plans considering management and auditor changes.
Price Impact
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