Pursuant to Regulation 30 (read with Para A, Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time ('SEBI Listing ....
ASHIMASYN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ashima Limited has announced two simultaneous board changes effective 1st May 2026. The Board approved the appointment of Mr. Malay Jayendra Dalal (DIN: 01896746) as an Additional Director in the category of Non-Executive Independent Director for a term of 5 years, subject to shareholder approval. Mr. Dalal is a Fellow Chartered Accountant with over 35 years of experience serving banks, MNCs, listed entities, and government corporations. Concurrently, Mr. Sanjay Shaileshbhai Majmudar (DIN: 00091305) resigned as Non-Executive Non-Independent Director citing extensive involvement in personal professional pursuits, effective from close of business on 1st May 2026. He also resigned from the Audit Committee and Stakeholders Relationship Committee. Mr. Majmudar confirmed no material reason for his departure other than personal commitments.
The resignation of a non-independent director alongside the appointment of an independent director appears to maintain board balance, though it signals some governance transition. The change has no immediate financial impact but may attract attention given the resignation from committee positions.