Appointment of Mr. Nihar Sanghai (DIN: 06421287) as an Additional Director designated as Non-Executive Independent Director, not liable to retire by rotation, for a tenure of 5 consecutive ....
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Kiduja India Limited has appointed Mr. Nihar Sanghai (DIN: 06421287) as an Additional Director in the Non-Executive Independent Director category. The appointment is for a 5-year term, from April 25, 2025 to April 24, 2030, and is subject to shareholder approval. He will not be liable to retire by rotation. Mr. Sanghai is a Commerce Graduate with a Diploma in Family Managed Business and has prior experience in consumer goods, business development, brand management, sales, and marketing. He currently serves as a Director at Benchmarke Industries Private Limited and holds no directorships in other listed companies. The board confirmed he is not related to any existing director and has not been debarred by SEBI.
This is a standard independent director appointment that strengthens the board's composition. For shareholders, it means one new independent director is being added to the board, pending their approval at the next general meeting. The appointment itself is unlikely to cause any immediate stock price movement.