GRWRHITECHNSEGarware Hi-Tech Films LimitedMediumNeutral
Announced Wed, 25 Mar · 19:42 IST

Garware Hi-Tech Films Limited has informed the Exchange regarding Appointment of Mr. Uday Vasantrao Joshi as Whole Time Director of the company w.e.f. February 1st, 2026, liable to retire by rotation.

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Price reaction · full curve 14 horizons · vs prior close
-8.8%1-day move
₹3685.00
prior close
₹3664.00
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AI summary

Garware Hi-Tech Films has appointed Mr. Uday Vasantrao Joshi (DIN: 09753984) as a Whole-Time Director for a 3-year term starting February 1, 2026 and ending January 31, 2029. The appointment was approved by shareholders through a special resolution passed via postal ballot and e-voting on March 24, 2026. Mr. Joshi brings around 35 years of experience in BOPET films manufacturing, projects, quality control, technical services, and process enhancements, and holds a B.E. in Production from VJTI Mumbai along with a postgraduate diploma in Finance and Management from IGNOU. He is not related to any existing director on the board.

Likely market impact

The appointment brings a seasoned industry insider to a senior operational role for a fixed 3-year tenure, signalling continuity and technical depth in the company's core BOPET films business. For shareholders, this is a routine governance update with no immediate material impact on stock price.