International Gemmological Institute (India) Limited has informed the Exchange regarding Appointment of Mr Anoop Mehta as Non- Executive Independent Director of the company w.e.f. Jun 06, 2025.
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International Gemological Institute (India) Limited (IGIL) has appointed Mr. Anoop Mehta as an Additional Non-Executive Independent Director effective June 6, 2025, for a five-year term, subject to shareholder approval. Mr. Mehta brings over 50 years of experience in the diamond and gem industry and currently serves as Chairman and Managing Director of Mohit Diamonds Private Limited and partner at Mohanlal Raichand & Sons. He is also the President of Bharat Diamond Bourse and an Executive Committee Member of the World Federation of Diamond Bourses. The company confirmed he has not been debarred from holding a director position by SEBI or any other authority. The board approved the appointment based on the recommendation of the Nomination and Remuneration Committee.
This is a routine board strengthening move that adds a senior industry veteran with deep diamond trade connections to IGI's board. For shareholders, it may bring useful industry expertise and networking, but is unlikely to have a direct short-term impact on stock price. The appointment still requires shareholder approval at the next general meeting.