Appointment of Mrs. Ambika Sharma as an independent Director of the Company
KAJARIACER · price
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Kajaria Ceramics has received shareholder approval through postal ballot for the appointment of Mrs. Ambika Sharma as an Independent Director of the company. The resolution was passed with overwhelming support — 99.28% of votes in favor (13.38 crore shares), with only 0.72% (9.64 lakh shares) against. Mrs. Sharma will serve a five-year term from March 30, 2025 to March 29, 2030, and is not liable to retire by rotation. She is a former Director General – International at FICCI and former Managing Director (India) of the U.S.-India Business Council, with 37 years of diverse experience. She is not related to any existing Director and is not debarred by SEBI from holding a directorship.
This is a routine governance update. The near-unanimous approval signals strong shareholder confidence in the board composition. The appointment brings a senior policy and trade expert onto the board, which is positive for governance and external relations, but is unlikely to have a material impact on the stock price.