Gorani Industries Limited hereby submits intimation regarding re-appointment of Mr. Sanjay Kumar Gorani as Managing Director of the Company.
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Gorani Industries has re-appointed Mr. Sanjay Kumar Gorani as Managing Director for a fresh 3-year term running from June 1, 2025 to May 31, 2028. His previous term ended on May 31, 2025, and the board approved the re-appointment at its meeting on May 30, 2025, subject to shareholder approval at the next general meeting. Mr. Gorani has been a director of the company for about 29 years and has been associated with it since inception, suggesting he is a key founding figure. He has not been debarred from holding a directorship by SEBI or any other authority.
This is a routine leadership continuity announcement with no change in management direction. Shareholders may note that the founder-family continues to lead the company, and the re-appointment will need their approval at the upcoming general meeting. Short-term stock impact is expected to be neutral.