UFM Industries Appoints New Director, Reconstitutes Board Committees

UFM Industries Ltd announced board changes following a meeting. Mr. Bibhash Dev has been appointed as an Additional Non-Executive Independent Director for a two-year term, effective August 13, 2026. The company also accepted the resignation of Mr. Virendra Kumar Jain from his Independent Director position, also effective August 13, 2026, due to personal reasons. Consequently, the Board has approved the reconstitution of its Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee, with Mr. Bibhash Dev chairing all three. The 40th Annual General Meeting is scheduled for September 28, 2026, with the Register of Members and Share Transfer Books closed from September 22 to September 28, 2026.