Announced Fri, 5 Dec · 15:44 IST

as per letter attached

Management Changes View source PDF

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AI summary

Dhanashree Electronics' board, at its meeting on 5 December 2025, approved changing the designation of Mrs. Shruti Toshniwal (DIN 01654074) from Executive Director to Non-Executive Non-Independent Director under the promoter category. She remains on the board but in a non-executive capacity. She is the wife of Managing Director Mr. Nitesh Toshniwal, making this a family/promoter-group board reshuffle. The board also reconstituted the Nomination and Remuneration Committee, now chaired by Independent Director Mr. Vijay Kumar Sharma with Mr. Rajesh Kumar Chandak and Mrs. Shruti Toshniwal as members. No new appointments or resignations were disclosed.

Likely market impact

This is an internal promoter-family board reshuffle with no change in control or ownership. Shareholders are unlikely to see a material impact on operations or stock price, though the shift to a non-executive role slightly reduces promoter involvement in day-to-day management.