Announced Tue, 5 May · 14:37 IST

Kriti Industries (India) Limited has informed the Exchange regarding RE- Appointment of Mr. Shiv Singh Mehta (DIN: 00023523) as Chairman & Managing Director of the company w.e.f. October 01, 2026.

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AI summary

Kriti Industries has announced the re-appointment of Mr. Shiv Singh Mehta (DIN: 00023523) as Chairman and Managing Director for a term of 3 years, effective October 1, 2026. The decision was approved by the Board of Directors in their meeting held on May 5, 2026. Mr. Mehta is the founder of the Kriti Group, which has an annual turnover of approximately Rs 1,500 crore and comprises Kriti Industries (I) Ltd., Kriti Nutrient Ltd., and Kriti Auto Engineering & Plastics Pvt. Ltd. The group manufactures products under brands 'Kasta' and 'Kriti', has presence across 17 Indian states, and is a recognized export house. Born in 1954, Mr. Mehta holds a BE in Electronics and MBA. The company disclosed that family members Smt. Purnima Mehta and Shri Saurabh Singh Mehta have interests in this appointment as relatives of the appointee.

Likely market impact

This is a routine corporate governance matter confirming continuity of leadership. Mr. Mehta is a founder and long-serving CMD, so this re-appointment provides stability but does not represent any change in direction or strategy. Shareholders can expect consistent management as the plastic manufacturing group continues operations.