BSECenlub Industries LtdMediumNeutral
Announced Wed, 30 Apr · 17:03 IST

: Re-appointment of Mr. Ansh Mittal (Din:00041986) as Whole-time Director of the Company and Fixation of remuneration payable to him for the period of three (3) years w.e.f. 01st May , 2025

Management Changes View source PDF

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AI summary

The Board of Directors of Cenlub Industries, at its meeting held on April 30, 2025, approved the re-appointment of Mr. Ansh Mittal (DIN: 00041986) as Whole-time Director for a period of three years, from May 1, 2025 to April 30, 2028. The re-appointment is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Ansh Mittal has been associated with the company since April 2007 (around 18 years), holds a B.Tech degree, and oversees the Lube Oil Consoles manufacturing plant, IT, exports, and banking/finance functions. He holds 3,48,349 equity shares (7.47%) in the company. He is the son of Smt. Madhu Mittal (Managing Director) and brother of Mr. Aman Mittal (Whole-time Director). He is not debarred by SEBI from holding director office.

Likely market impact

This is a routine re-appointment of an existing promoter-family Whole-time Director, requiring shareholder approval at the AGM. No material change in management control; continuity expected in operations.