Chaman Lal Setia Exports Limited has informed the Exchange regarding Board meeting held on July 03, 2025.
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The Board of Directors of Chaman Lal Setia Exports Limited, at its meeting held on July 3, 2025, approved the re-appointment of three key directors for a second/fresh term of five years each, effective from August 28, 2025 to August 27, 2030. These include Mrs. Pooja Kukar as Non-Executive Independent Director, Mr. Vijay Kumar Setia as Chairman and Managing Director, and Mr. Rajeev Setia as Joint Managing Director (who also serves as CFO). All re-appointments are subject to shareholder approval via postal ballot. The two executive directors, Vijay Kumar Setia and Rajeev Setia, are relatives, confirming continued promoter family leadership at the company for the next five years.
This is largely a continuity announcement with no operational change — existing directors are being retained. Shareholders will get to vote on the re-appointments through postal ballot. The continued family-led management (with both CMD and JMD positions held by Setia family members) signals stability in leadership but maintains concentrated promoter control at the top.