Jai Corp Limited has informed the Exchange regarding Change in Director(s) of the company.
JAICORPLTD · price
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Jai Corp Limited has appointed Mr. Amit K. Mundra (DIN: 01491934) as an additional director in the category of Non-executive Independent Director for a first term of five consecutive years, effective from 26th July 2025 to 25th July 2030. The appointment is subject to shareholder approval via a special resolution and was made based on the recommendation of the Nomination and Remuneration Committee. Mr. Mundra is a Fellow Chartered Accountant with over 23 years of experience in corporate finance, system audit, investigation, and bank audit. He has no inter-se relationship with other board members and is not debarred from holding directorship by SEBI or any other authority.
This is a routine governance update. A new independent director with strong finance and audit expertise is being added to the board, which may strengthen oversight functions, though it is unlikely to have any direct impact on stock price or shareholder value.