Management Change27 Aug 2026, 05:50 pm
Yug Decor Ltd Appoints New Director, Reappoints MD & Whole-time Director
AI Summary
Yug Decor Ltd announced key management changes following a Board Meeting held on August 27, 2026. Mr. Sunil Thakore was appointed as an Additional Director (Independent Category). The company also re-appointed Mr. Chandresh S. Saraswat as Managing Director for five years and Ms. Ankita Saraswat as Whole-time Director for five years. Remuneration fixation for both re-appointed directors is for three years, subject to shareholder approval at the upcoming 23rd Annual General Meeting (AGM). The AGM is scheduled for September 26, 2026. The Board also approved the Board's Report for FY 2025-26 and appointed a scrutinizer for the AGM's e-voting.
Key Highlights
- Mr. Sunil Thakore appointed as Additional Independent Director.
- Mr. Chandresh S. Saraswat re-appointed as MD for 5 years.
- Ms. Ankita Saraswat re-appointed as Whole-time Director for 5 years.
- 23rd AGM scheduled for September 26, 2026.
- Directors are not debarred by any SEBI order.
Price Impact
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