Outcome of BM held on 21st May, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Eureka Industries Limited held a board meeting on 21st May, 2026 where significant board changes were made. Three directors resigned: Mr. Rakesh Kumar (Independent Director), Mr. Amitkumar Pradipbhai Sur (Non-Executive Director), and Mr. Darshak Shah (Executive Director), all citing preoccupation and professional commitments. Two new directors were appointed: Mrs. Archana Chaitanya Pandya as Additional Non-Executive Non-Independent Director and Ms. Juhi Sawajani as Additional Non-Executive Independent Director for a 5-year term. The board was reconstituted with four members including Ms. Juhi Sawajani as Audit Committee Chairperson. Mrs. Archana Pandya is the wife of Managing Director Mr. Chaitanya Jayantilal Pandya. The company confirms compliance with Companies Act and SEBI LODR requirements.
The simultaneous resignation of three directors and appointment of two new directors represents significant board turnover. The appointment of a related party (Managing Director's wife) as Non-Executive Director may attract shareholder scrutiny. Shareholders should note that all appointments are subject to member approval.