Announced Sat, 21 Jun · 18:09 IST

PFA

Management Changes View source PDF

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AI summary

The Board of Centennial Surgical Suture Ltd, based on the recommendation of the Nomination and Remuneration Committee, has approved the re-appointment of Shri Vijay Majrekar (DIN: 00804808) as Managing Director & CEO for a period of 3 years, effective October 1, 2025 to September 30, 2028. Shri Majrekar has been with the company since January 9, 1996, holds a B.Com and MBA, and has over 36 years of experience in the suture and medical device industry. He is a promoter of the company holding 8,25,401 shares and is the spouse of Ms. Anuradha Kashikar, Whole Time Director. The re-appointment is subject to shareholder approval at the upcoming 30th AGM.

Likely market impact

This is a routine re-appointment of an existing promoter-MD/CEO, providing leadership continuity. No major change in management direction is expected; shareholder approval will be sought at the 30th AGM.