Resignation of Independent Director
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Goel Construction Company Ltd held a board meeting on March 18, 2026, where Mr. Chaman Lal (DIN: 10811352) resigned as Non-Executive Independent Director citing personal preoccupation and work commitments elsewhere. The board confirmed there are no other material reasons for his exit. To fill the vacancy, the board appointed Mr. Sushil Kumar Wali (DIN: 00044890) as an Additional Non-Executive Independent Director for a three-year term ending March 17, 2029, subject to shareholder approval. The new appointee is a Chemical Engineer with over 45 years of experience in the cement and manufacturing sector, formerly a Whole-Time Director at JK Lakshmi Cement Ltd. Additionally, the board appointed M/s Gaurav G & Associates as the Secretarial Auditor for FY 2025-26.
This is a routine board reshuffle with a one-for-one replacement of an independent director, accompanied by a new secretarial auditor appointment. There are no governance red flags; shareholders may see the incoming director's deep industry experience as a positive for board oversight.