BSEGlaam Up Jwel LtdMediumNegative
Announced Thu, 19 Jun · 14:07 IST

The Company has taken on record of Demise of Mr. Shubham Ramajanam Mishra, Additional Director (Non-Executive Director) of the Company on February 23, 2025.

Management Changes View source PDF

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

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AI summary

Gleam Fabmat Limited informed the stock exchange that the Board of Directors, at its meeting on June 19, 2025, noted the demise of Mr. Shubham Ramajanam Mishra, Additional Director (Non-Executive Director), on February 23, 2025. To fill the vacancy, the Board appointed Mr. Kotar Mayabhai Bhikhabhai (DIN: 11112380) as an Additional Director (Non-Executive Director) with effect from June 19, 2025. The new director holds knowledge of marketing and agro products and is not debarred from holding office by any SEBI order. The board meeting lasted 30 minutes, from 1:00 PM to 1:30 PM.

Likely market impact

This is a routine board reshuffle caused by the unfortunate death of a non-executive director. The new appointee brings marketing and agro products expertise, which may support the company's business direction. There is no change in top management, as Amit Gupta continues as Managing Director and CFO, so the impact on shareholders is minimal.