
Corporate Governance13 Aug 2026, 02:42 pm
Tega Industries Board Approves Re-appointment of Independent Director
AI Summary
Tega Industries Ltd announced that its Board of Directors, following a recommendation from the Nomination and Remuneration Committee, has approved the re-appointment of Mr. Ashwani Maheshwari as an Independent Director. This re-appointment is for a second term of five consecutive years, commencing from April 01, 2027, and concluding on March 31, 2032. The decision is subject to the approval of the company's members. Mr. Maheshwari brings extensive cross-industry experience and is not related to any existing directors. The company will make this information available on its website.
Key Highlights
- Board approved re-appointment of Mr. Ashwani Maheshwari as Independent Director.
- Second term of 5 years from April 1, 2027, to March 31, 2032.
- Re-appointment is subject to shareholder approval.
- Director has extensive cross-industry experience.
- Director is not related to any other company directors.
Price Impact
More from TEGA