GRWRHITECHBSEGarware Hi-Tech Films LtdMediumNeutral
Announced Wed, 6 May · 14:40 IST

Intimation regarding re-appointment of Ms. Monika Garware as Vice-Chairperson and Managing Director of the Company, subject to approval of shareholders of the Company.

Management Changes View source PDF

GRWRHITECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+21.5%1-day move
₹4488.00
prior close
₹4998.00
base price
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AI summary

Garware Hi-Tech Films announced the Board has approved the re-appointment of Ms. Monika Garware (DIN: 00143400) as Vice-Chairperson and Joint Managing Director for a fresh 5-year term from November 1, 2026 to October 31, 2031. The re-appointment is subject to shareholder approval. Ms. Monika Garware, who is the daughter of founder Dr. S. B. Garware, has been associated with the company as a Director since March 31, 1989 — nearly 37 years. The filing also discloses a separate appointment of Ms. Sonali Rajesh Mehta as an Additional Independent Director effective June 25, 2026, also subject to shareholder approval.

Likely market impact

Ms. Monika Garware's re-appointment provides continuity in leadership and signals stability in the promoter family's long-standing control over the company's operations and strategy.