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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indus Aluminium Recyclers Limited (formerly Containerway International Limited) announced multiple board changes effective March 25, 2026. Three new directors were appointed: Pankeet Pankajkumar Aundhiya as Independent Director for a 5-year term, Kunal Arora as Non-Executive Director and also taking over as CFO & Key Managerial Personnel, and Vansh Arora as Non-Executive Director. All appointments are subject to shareholder approval. On the same day, Sanjay Vimalchand Deora resigned from his position as Non-Executive Director as well as from his role as CFO & KMP, citing pre-occupation and other personal commitments. The company confirmed that the new appointees are not related to the promoters or promoter group, and the resigning director's dues have been cleared.
Shareholders should note the simultaneous departure of the CFO and a director alongside the appointment of replacements, which suggests a planned leadership transition rather than a sudden disruption. The incoming CFO also joins the board as a director, bringing in experience from the aluminium wire industry which aligns with the company's current business focus. These changes require shareholder approval at the next general meeting.