Chaman Lal Setia Exports Limited has informed the Exchange regarding Outcome of Board Meeting held on July 03, 2025.
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The board of Chaman Lal Setia Exports, held on July 3, 2025, approved the re-appointment of three directors for 5-year terms effective August 28, 2025. Mrs. Pooja Kukar was re-appointed as Non-Executive Independent Director for a second term, Mr. Vijay Kumar Setia was re-appointed as Chairman and Managing Director, and Mr. Rajeev Setia was re-appointed as Joint Managing Director and CFO. All re-appointments are subject to shareholder approval via postal ballot. Notably, the two executive directors, Mr. Vijay Kumar Setia and Mr. Rajeev Setia, are related family members from the promoter family. The company confirmed none of the directors are debarred from holding office by SEBI or any other authority.
This is a routine governance announcement ensuring leadership continuity through 2030. Investors should note that the top executive positions remain with members of the promoter family (the Setias), which signals continuity of existing management and strategic direction but may be watched by those preferring greater independent leadership at the top.