Eimco Elecon (India) Limited has informed the Exchange regarding Change in Director(s) of the company.
EIMCOELECO · price
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Eimco Elecon (India) Limited has appointed Mr. Kamlesh Nalin Shah (DIN: 08629181) as an Additional Director and Whole-time Director (designated as Executive Director) for a period of 3 years, effective 10th September 2025. The appointment is subject to shareholder approval. Mr. Shah is a Commerce graduate and a Fellow Chartered Accountant (ICAI) with 27 years of experience in strategic finance, taxation, treasury, M&A, and investor relations. He has been associated with the Elecon Group for over 5 years. The Board approved the appointment on 10th July 2025 on the recommendation of the Nomination & Remuneration Committee.
This is a routine executive director appointment from within the existing Elecon Group ecosystem, so it should not materially affect the stock price. The 3-year term and shareholder approval requirement provide governance stability for shareholders.