Based on the recommendation of the Nomination and Remuneration Committee and subject to the approval of the shareholders of the Company, the Board of Directors of the Company in their meeting ....
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The Board of Directors of Jamshri Realty Limited has re-appointed Shri Rajesh Damani (DIN: 00184576) as Joint Managing Director for a period of one year, effective from October 1, 2025. The decision was based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval at the upcoming Annual General Meeting. Rajesh Damani brings 37 years of experience across textile, engineering, IT, IT infrastructure, and retail industries. He is the son of Shri Premratan Bhairuratan Damani (the current Managing Director) and brother of Mrs. Rekha Damani (Non-Executive Director), confirming the company remains under promoter family leadership.
This is a routine continuity announcement with no negative governance flags — leadership of the company remains stable with the promoter family in charge. Shareholders should note the appointment still requires their approval at the AGM.