1) Appointed Mr. Dharmendrabhai Becharbhai Jasani 2) Appointed Mr. Ayush Dharmendrabhai Jasani 3) Appointed Ms. Sejalben Subhashkumar Donga 4) Appointed Mr. Sanam Kashinath Umbargikar ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Kalind Ltd has appointed 5 new directors on 30 April 2025, completing a change-of-control event. Mr. Dharmendrabhai Jasani joins as Chairman (Whole-time Director) with 24.59% shareholding, and his son Mr. Ayush Jasani joins as Vice-Chairman (Whole-time Director) with 10.70% shareholding. Three independent directors were also appointed: Ms. Sejalben Donga (woman independent), Mr. Sanam Umbargikar (company secretary with 10+ years experience), and Mr. Anand Soman (CFO/audit professional). These appointments follow a Share Purchase Agreement dated 2 December 2024 where the Jasani family and Mr. Yagnik Tank acquired the company from existing promoter Mr. Deniis Desai. SEBI takeover formalities are now complete, and the acquirers have been reclassified as the new promoters of the company. Note: The filing is signed by Arunis Abode Limited, suggesting either a name change or filing inconsistency.
This is a significant governance event - the company's promoter group has fully changed hands, with the new promoter family (Jasani) now holding ~35% combined stake and controlling the Chairman and Vice-Chairman positions. Shareholders should expect a potential shift in business direction and review the qualifications of the new independent directors closely.