Heranba Industries Limited has informed the Exchange regarding Appointment of Roshan R Shetty as Executive Director of the company w.e.f. April 01, 2026.
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Heranba Industries' board, at its March 31, 2026 meeting, approved two director appointments effective April 01, 2026, subject to shareholder approval. Mr. Roshan R. Shetty has been appointed as Whole-Time Director designated as Executive Director for a 5-year term; he is the son of the current Managing Director, Mr. Raghuram K. Shetty, and brother of existing Whole-time Director Mr. Raunak R. Shetty, with a 1.59% promoter group shareholding. Mr. Omprakash S. Singh has been appointed as a Non-Executive Independent Director for 5 years, bringing over 40 years of experience in secretarial practice, corporate law, SEBI compliance, and intellectual property rights. Both appointees have confirmed they are not debarred from holding directorship by any SEBI order.
The appointment of the promoter's son as Executive Director signals family succession planning and continuity in management, which may be viewed positively by long-term investors. The addition of a seasoned independent director strengthens board expertise in legal and compliance matters, though increased promoter family representation on the board may be a watch point for those focused on board independence.