
Trio Mercantile Board Approves Multiple Resignations and Key Management Changes
Trio Mercantile & Trading Ltd announced the outcome of its Board Meeting held on July 22, 2026. The board accepted the resignations of several key personnel, including Mr. Bhadresh Shah (Non-Executive - Independent Director-Chairperson), Mr. Deepak Ratilal Mehta (Managing Director), Mr. Nehul Azad Chheda (Non-Executive - Independent Director), Ms. Divya Girish Poriya (Non-Executive - Independent Director), Mr. Hiren Kothari (Chief Financial Officer), and Mr. Chetan Bohra (Company Secretary and Compliance Officer). The company also approved changes in designations for Mr. Kaushik Jagannath Joshi to Chairman and Managing Director, and Ms. Radhika Kaushik Joshi to Chief Financial Officer. Additionally, three new independent directors were appointed: Mr. Vikram Navin Vador, Mr. Dhruv Suresh Bhanushali, and Ms. Kiran Ramchandra Shelke.
Key Highlights
- Multiple resignations approved, including MD, CFO, and Company Secretary.
- Board Chairperson and Independent Director Mr. Bhadresh Shah has resigned.
- Mr. Kaushik Jagannath Joshi appointed Chairman and Managing Director.
- Ms. Radhika Kaushik Joshi appointed Chief Financial Officer.
- Three new independent directors appointed for 5-year terms.
Price Impact
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