Appointment of Mr. Ravin Saluja as Managing Director of the Company w.e.f. 22-04-2025
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Acme Resources Ltd has appointed Mr. Ravin Saluja (DIN: 00289305) as Managing Director of the company effective April 22, 2025, for a fixed term of 5 years ending April 21, 2030. The appointment is subject to shareholder approval at the next general meeting. Mr. Saluja is not new to the company — he has already served as a Director for 3 years and has led the company's operational business during that period. He holds a BSc Honours in Marketing and brings over 25 years of professional experience. His remuneration will be capped at 5% of the company's net profits (or 10% if there are multiple Managing/Whole-time Directors), payable as salary, commission, and perquisites, with his office not liable to retire by rotation.
This is an internal elevation rather than a fresh external hire, so shareholders can expect leadership continuity with no major strategic shift implied. The profit-linked remuneration cap keeps management compensation tied to company performance.