Samvid Gupta proposed for five-year reappointment as Joint Managing Director
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The board approved the reappointment of promoter and Joint Managing Director Samvid Gupta for five years, from February 7, 2027 to February 6, 2032, subject to shareholder approval by postal ballot. He will receive no salary or perks in this role but is eligible for sitting fees and performance-linked commission. He is the son of the company's Chairperson and Managing Director, Prem Kishan Dass Gupta.
No immediate change in leadership; a five-year term supports continuity. Final appointment requires shareholder approval through postal ballot.