Dear Sirs, This is to inform you that there is a change in the management of the listed Entity 'JMG Corporation Limited' as the Board has appointed Mr. Vivek Deokiprasad Bansal as an ....
Awaiting price reaction for this filing.
JMG Corporation Limited has appointed two new directors to its Board at a meeting held on 28 May 2025. Mr. Vivek Deokiprasad Bansal has been appointed as an Independent Director, bringing over 35 years of experience across sectors like construction/EPC, decarbonization, e-learning, Edtech and IT. Mr. Subodh Kumar has been appointed as a Non-Executive Director, with more than 40 years of experience in the hydrocarbon sector covering petroleum products, LPG, petrochemicals, biofuels, renewable energy and policy-making at the Government of India level. Both have been appointed as Additional Directors who will hold office until the next Annual General Meeting. Neither of the two appointees is related to any existing director of the company.
The board is being strengthened with seasoned professionals from diverse industries, which may bring deeper expertise in infrastructure, energy and sustainability to the company. For shareholders, this is a governance update with no immediate financial impact, though the new directors' hydrocarbon and renewable energy experience could shape future strategic direction.