Announced Wed, 19 Aug · 18:07 IST

Jaihind Industries appoints Prasham Kumar Doshi as Managing Director

Ceo Appointed ExternalPromoter Family Board EntryManagement Changes View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
+13.3%1-day move
₹41.50
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+13.3+15.7+9.6+9.0+8.9+3.3+10.8
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AI summary

The board of Jaihind Industries approved the appointment of Mr. Prasham Kumar Doshi as Managing Director effective August 19, 2026, subject to shareholder approval at the next AGM. He holds a B.Com and LLB degree and currently serves as Director at Mysuperior Sunrise Trading Networks, Hommetown Realty, and Wellness and Medicial Oasisz. He is related to existing Whole-Time Director Ms. Deviben Doshi under Section 2(77) of the Companies Act. The appointment follows the recommendation of the Nomination and Remuneration Committee.

Likely market impact

The new MD is from the promoter Doshi family, suggesting continuity in leadership. Appointment awaits shareholder approval at the next AGM.