Trio Mercantile Board Approves Multiple Resignations and Key Appointments
Trio Mercantile & Trading Ltd announced the outcome of its Board Meeting held on July 22, 2026. The board accepted the resignations of six key personnel, including Mr. Bhadresh Shah (Non-Executive - Independent Director-Chairperson), Mr. Deepak Ratilal Mehta (Managing Director), and Mr. Hiren Kothari (Chief Financial Officer). Concurrently, the board approved significant changes in designations and new appointments. Mr. Kaushik Jagannath Joshi was appointed Chairman and Managing Director for three years, subject to shareholder approval. Ms. Radhika Kaushik Joshi was appointed as CFO. Additionally, Mr. Vikram Navin Vador, Mr. Dhruv Suresh Bhanushali, and Ms. Kiran Ramchandra Shelke were appointed as Independent Directors for five-year terms, also pending shareholder approval.
Key Highlights
- Six key personnel, including MD and CFO, have resigned.
- Mr. Kaushik Joshi appointed Chairman and MD for three years.
- Ms. Radhika Joshi appointed Chief Financial Officer.
- Three new Independent Directors appointed for five-year terms.
- All appointments and designation changes are subject to shareholder approval.
Price Impact
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