Indef Manufacturing Limited has informed the Exchange about reappointment of Shri Shekhar Bajaj (DIN: 00089358) as a Non-Executive Non-Independent Director of the Company at the 3rd AGM.
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Indef Manufacturing Limited announced that shareholders approved the reappointment of Shri Shekhar Bajaj (DIN: 00089358) as a Non-Executive Non-Independent Director at the 3rd Annual General Meeting held on August 12, 2025. The reappointment is upon retirement by rotation. Shri Shekhar Bajaj has been a director of the company since September 12, 2022, and is also the Chairman of Bajaj Electricals Limited, Hercules Hoists Limited, and Bajaj Holding & Investment Limited. He is not debarred from holding the office of Director by any SEBI order, and is not related to any other Directors on the board.
This is a routine reappointment of an existing director with no change in board composition or governance structure. Investors are unlikely to see any material impact on the stock price from this announcement.