Jubilant Ingrevia Limited has informed the Exchange regarding Cessation of Mr Arjun Shanker Bhartia as Non- Executive Director of the company w.e.f. July 31, 2025.
JUBLINGREA · price
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Jubilant Ingrevia's board, at its July 31, 2025 meeting, accepted the resignation of Mr. Arjun Shanker Bhartia as Non-Executive Director effective the same day, citing personal reasons. In his place, Ms. Aashti Bhartia — daughter of Co-Chairman & Whole-Time Director Mr. Hari Shanker Bhartia — has been appointed as an Additional Non-Executive Director effective August 1, 2025. The board also re-appointed Deloitte Touche Tohmatsu India LLP as Internal Auditors for a 3-year term (July 2025 to July 2028). Additionally, 47,033 stock options were granted to eligible employees under the ESOP 2021 at an exercise price of Re. 1 per share.
This is a routine promoter-family board reshuffle with one Bhartia family member exiting and a next-generation member joining, signaling continuity of family control rather than any governance concern. Investors are unlikely to see material impact on stock price or operations from this transition.