Intimation regarding Reconstitution of committees of board of directors.
Awaiting price reaction for this filing.
Charms Industries Ltd has reconstituted three key committees of its Board of Directors effective September 30, 2025. The Audit Committee will be chaired by Mr. Ashok Mankodi (Independent Director), with Mr. Dilipkumar Joshi and Managing Director Mr. Shivkumar R. Chauhan as members. The Nomination and Remuneration Committee will be chaired by Mr. Mankodi, with Mrs. Nehal S. Chauhan (Promoter, Non-Executive) joining as a member. The Stakeholders Relationship Committee will be chaired by Mr. Joshi, with Mr. Shivkumar Chauhan and Mr. Parth Shivkumar Chauhan (Executive) as members. The reconstitution was approved via board resolution passed on September 30, 2025.
Routine corporate governance housekeeping, but it confirms continued promoter family involvement in board committees, including likely next-generation family members in executive and non-executive roles. No major leadership changes or resignations have been reported, and the independent directors retain chairmanship of the Audit and NRC committees, which is a positive governance signal.