Tilaknagar Industries: Amit Dahanukar Re-appointed as Chairman

Tilaknagar Industries Ltd's board meeting on May 29, 2026, approved the re-appointment and remuneration of Mr. Amit Dahanukar as Chairman and Managing Director for three years, effective November 7, 2026, subject to shareholder approval. The board also recommended a dividend of ₹1 per equity share (10%) for FY 2025-26 and approved the re-appointment of Mr. Chemangala Ramachar Ramesh as Whole-Time Director and Ms. Swapna Shah as Non-Executive Non-Independent Director. Additionally, the incorporation of a wholly-owned subsidiary in Nigeria and the re-appointment of internal and cost auditors were approved. The meeting also addressed the amalgamation of two wholly-owned subsidiaries and the allotment of 303,050 equity shares under ESOP schemes.