Commercial Syn Bags Limited has informed the Exchange regarding Appointment of Mr Sunil Agrawal as Non- Executive Independent Director of the company w.e.f. Jun 19, 2025.
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Commercial Syn Bags Limited has confirmed the appointment of Mr Sunil Agrawal (DIN: 11160031) as a Non-Executive Independent Director, effective June 19, 2025, for an initial 5-year term ending June 18, 2030. Shareholders approved the appointment at the Extra-Ordinary General Meeting held on July 14, 2025, within the 3-month SEBI-mandated confirmation window. Mr Agrawal is a Fellow Chartered Accountant with over 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 Key Managerial Personnel of the company and has not been debarred by SEBI or any other authority.
This is a routine independent director appointment with no governance red flags, strengthening the board with a qualified finance professional. No material impact on stock price is expected, though it adds independent oversight and regulatory expertise to the board.