COMSYNNSECommercial Syn Bags LimitedMediumNeutral
Announced Thu, 19 Jun · 22:44 IST

Commercial Syn Bags Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

COMSYN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Commercial Syn Bags Limited has appointed Shri Sunil Agrawal (DIN: 11160031) as a Non-Executive Independent Director for a 5-year term from 19 June 2025 to 18 June 2030, subject to shareholder approval. Shri Agrawal is a Fellow Chartered Accountant with 28+ years of experience in audit, taxation, and corporate advisory, and is the Founder and Senior Partner of Kaushal & Agrawal, Chartered Accountants, Indore. He is not related to any existing Director or KMP and is not debarred from holding director office by SEBI or any authority. In the same board meeting, the company noted the expiry of the second term of Shri Hitesh Mehta (DIN: 00427646) as Independent Director, with effect from the close of business on 19 June 2025, after which he ceases to be a director.

Likely market impact

This is a routine board refresh — one independent director is being replaced by another with strong finance and compliance expertise, which is positive for governance. No major red flags; the change is unlikely to materially impact the stock price but adds a qualified financial expert to the board.