Intimation of appointment of an Independent Director
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Awaiting price reaction for this filing.
ASI Industries Ltd has appointed Mr. Rajaram Gordhanlal Agarwal (DIN:10384386) as an Additional Director in the category of Non-Executive Independent Director, effective 7th January 2026. The appointment is for a period of 5 consecutive years, subject to shareholder approval. Mr. Agarwal is a Chartered Accountant with over three decades of corporate experience in auditing, accounting, taxation, investment, and finance, and currently runs a CA practice. He is not related to any existing directors on the board and is not debarred by SEBI or any other authority.
This is a routine board strengthening move that brings additional financial and audit expertise to the company. It is unlikely to have a material impact on the stock price but enhances governance by adding an independent chartered accountant to the board.