Uday Jewellery: Sanjay Kumar Sanghi Appointed CMD

Uday Jewellery Industries Ltd's Board of Directors, in a meeting on April 22, 2026, approved significant management changes. Mr. Sanjay Kumar Sanghi was appointed as Chairman and Managing Director (Corporate Affairs) for a five-year term. Mr. Ritesh Kumar Sanghi's designation was changed from Managing Director to Joint Managing Director (Operations). Mrs. Bhavna Sanghi was appointed as an Additional Director and subsequently as a Whole-Time Director for five years. Additionally, Ms. Donthineni Srilekha was appointed as an Additional and Independent Director for five years. All these appointments are subject to shareholder approval, which will be sought through a postal ballot process. The Board also approved the opening of a new branch office in Chennai.