Appointment of Mr. Zaynalabidin Khan Mohammed (DIN: 02079479) as an Independent Director of the Company and Change in Designation of Ms. Riha Kabra (DIN: 08825577) Promoter, from Non-Executive ....
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At the 33rd Annual General Meeting on August 13, 2025, shareholders of Kabsons Industries approved two board changes. Mr. Zaynalabidin Khan Mohammed, with experience in civil construction, project management and logistics (former Director at Deccan Logistics and President of FMSCI), was appointed as an Independent Director for a five-year term from May 22, 2025 to May 21, 2030. Separately, Ms. Riha Kabra, daughter of Managing Director Mr. Rajiv Kabra, has been redesignated from Non-Executive Director to Executive Director for a 5-year term with 3 years of remuneration approved. Both directors have confirmed they are not debarred by SEBI.
The promoter family member's elevation to Executive Director brings operational control closer to the founding family, while the new Independent Director adds governance experience from logistics and motorsports bodies. For shareholders, this means the promoter family is taking on a more active management role, which may signal closer oversight but also raises questions about board independence.