BSEGarware Synthetics LtdMediumNegative
Announced Tue, 2 Dec · 14:29 IST

Submission of resignation of Director.

Management Changes View source PDF

Price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Garware Synthetics Ltd has informed BSE about two board changes effective December 2, 2025. Mr. Harish Koraga Shriyan (DIN: 10760177) resigned as Independent Director citing personal commitments and inability to dedicate adequate time; he also stepped down from the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee. In his place, Mrs. Sheetal Jayesh Sawant (DIN: 11404037) has been appointed as Additional Independent Director for a five-year term, subject to shareholder approval. Mrs. Sawant holds a Master's degree in Commerce and has experience in Purchase and Administration. She is not related to any existing director and is not debarred by SEBI from holding directorship.

Likely market impact

This is a routine single-director reshuffle with an immediate replacement, so the change is unlikely to materially affect the stock price or shareholder interests. The clean, simultaneous appointment suggests no governance concerns.