Garware Hi-Tech Films Limited has informed the Exchange regarding Re-appointment of Mrs Sarita Garware Ramsay as Joint Managing Director of the company w.e.f. May 26, 2025.
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Garware Hi-Tech Films has re-appointed Mrs. Sarita Garware Ramsay as Joint Managing Director for a 3-year term from May 26, 2025 to May 25, 2028. The re-appointment was approved by shareholders through a postal ballot and e-voting on May 22, 2025. Mrs. Garware Ramsay has been associated with the company as a director since 1993, bringing over three decades of experience in marketing, corporate affairs, legal, secretarial, and human resources. She holds an MBA from European University, Switzerland, with a specialization in marketing. She is the daughter of Dr. S. B. Garware and sister of Ms. Monika Garware and Ms. Sonia Garware, placing her in the promoter family.
This re-appointment signals leadership continuity at the top, as a long-serving promoter family member stays in a key executive role. For shareholders, this generally suggests stability in strategic direction, though the promoter family's continued grip on management may be a governance consideration for some investors.