Management Change30 Sept 2026, 05:10 pm
United Leasing & Industries Ltd: Director Designation Change
AI Summary
United Leasing & Industries Ltd announced a change in designation for Mr. Karm Sawhney from Additional Director to Non-Executive Independent Director. This change is effective from September 30, 2026, for a term of five consecutive years, subject to shareholder approval. The company expressed appreciation for Mr. Sawhney's contributions and anticipates his continued guidance in his new role. Mr. Sawhney is an Associate Member of ICSI with a Bachelor's degree in Commerce and over five years of experience in corporate legal advisory and secretarial practices.
Key Highlights
- Mr. Karm Sawhney's designation changes to Non-Executive Independent Director.
- The change is effective from September 30, 2026, for a five-year term.
- Shareholder approval is required for the appointment.
- Mr. Sawhney brings over five years of legal and secretarial experience.
Price Impact
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