StockWatch
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Other Textile Products
Management Change9 Sept 2026, 08:00 pm

Uniworth Securities: Director Resigns, New Independent Director Appointed

AI Summary

Uniworth Securities Ltd (now Indoworth Holdings Limited) has announced changes in its board of directors. Mr. Vivek Chaudhary has resigned as an Independent Director, effective September 4, 2026, due to pre-occupation. Consequently, he will step down from the Audit Committee, Stakeholder & Relationship Committee, and Nomination & Remuneration Committee. In a related development, the board has approved the appointment of Mr. Kishor Jhunjhunwala as an Additional Non-Executive Independent Director for a term of 5 years, subject to shareholder approval. The company also noted the reconstitution of various board committees following these changes.

Key Highlights

  • Independent Director Vivek Chaudhary resigns from the board.
  • Kishor Jhunjhunwala appointed as new Independent Director.
  • Appointment is subject to shareholder approval at the AGM.
  • Board committees reconstituted due to director changes.