Garware Hi-Tech Films Limited has informed the Exchange regarding Outcome of Board Meeting held on May 06, 2026.
GRWRHITECH · price
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Garware Hi-Tech Films Limited's Board of Directors met on May 06, 2026, and approved two key changes. First, Ms. Sonali Rajesh Mehta has been appointed as an Additional Independent Director for a one-year term effective June 25, 2026, replacing Ms. Devanshi Nanavati whose term ends June 24, 2026. Ms. Mehta is a law graduate and experienced lawyer specializing in arbitration and commercial litigation. Second, Ms. Monika Garware, a member of the promoter family and daughter of Dr. S.B. Garware, has been re-appointed as Vice-Chairperson and Joint Managing Director for five years (November 2026 to October 2031). Both appointments are subject to shareholder approval.
The appointment of an independent director with legal expertise may strengthen board governance, while the re-appointment of Ms. Monika Garware ensures continuity in leadership under the promoter family. No material impact on stock expected as these are routine governance changes.