Acknit Industries appoints 2 Independent Directors, re-appoints 1
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On 14 July 2026, the board approved the appointment of Mr. Tushar Jhunjhunwala and Mr. Amitava Mazumder as Non-Executive Independent Directors for 5-year terms. Mr. Shankar Lal Bajaj was re-appointed for a second 5-year term from 25 September 2026. All three are subject to shareholder approval at the next general meeting. Jhunjhunwala has 16 years experience in real estate and finance, Mazumder about 50 years in finance, and Bajaj about 63 years in accounts and taxation.
Routine board strengthening with experienced independent directors. No direct impact on operations or financials. Shareholder approval pending.