Management Change26 May 2026, 06:41 pm
VIP Industries: Vaishali Bhat & Sanjay Rastogi Appointed Directors
AI Summary
VIP Industries Ltd. announced the appointment of Ms. Vaishali Shrikant Bhat and Mr. Sanjay Mahesh Rastogi as Additional Non-Executive & Independent Directors, effective May 27, 2026, for a 5-year term, subject to shareholder approval. The board also noted the resignations of Mr. Tushar Jani and Ms. Payal Kothari as Independent Directors, effective May 26, 2026, due to personal and professional commitments, respectively. These changes were approved via circular resolution on May 26, 2026.
Key Highlights
- Vaishali Shrikant Bhat and Sanjay Mahesh Rastogi appointed as Additional Non-Executive & Independent Directors.
- Appointments effective May 27, 2026, for 5 years, pending shareholder approval.
- Tushar Jani and Payal Kothari resigned as Independent Directors, effective May 26, 2026.
- Jani and Kothari resigned due to personal and professional commitments, respectively.
- Board acknowledged Jani and Kothari's contributions to the company.
Price Impact
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