Hexa Tradex Limited has informed the Exchange about change in Management
HEXATRADEX · price
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Awaiting price reaction for this filing.
Hexa Tradex Limited has informed the stock exchanges of a change in its Board of Directors. Mr. Girish Sharma (DIN: 05112440) will complete his second consecutive term as Independent Director and cease to hold office from the close of working hours on 13th August 2025. In his place, Mr. Ajit Kumar Hazarika (DIN: 00748918), aged 72, has been appointed as an Additional Director in the Independent Director category with effect from 12th August 2025, for a first term of 5 consecutive years, subject to shareholder approval at the next AGM. Mr. Hazarika is a former ONGC Director (Onshore) and ex-CMD (additional charge) with over 35 years of experience in the oil & gas sector and is currently working as an independent consultant. He is not debarred by SEBI or any other authority from holding directorship.
This is a routine independent director rotation with no governance red flags. The incoming director brings deep oil & gas sector expertise, which may align with Hexa Tradex's trading business interests. Neutral to mildly positive for governance, with no material impact expected on share price or operations.