KRN Heat Exchanger and Refrigeration Limited has informed the Exchange regarding Change in Director(s) of the company.
KRN · price
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KRN Heat Exchanger and Refrigeration Limited has appointed Mrs. Meenakshi Sharma (DIN: 11153602) as an Additional Non-Executive Independent Director of the Company, effective June 18, 2025. Her appointment is for a term of 3 consecutive years, ending June 17, 2028, and is subject to shareholder approval. Mrs. Sharma holds dual postgraduate degrees – M.Com. (Accounts) and MBA (Finance) – bringing expertise in financial systems and business operations. She is not related to any promoter or director of the company and is not debarred from holding a directorship by SEBI or any other authority. The board meeting approving this appointment was held on June 18, 2025, from 12:30 to 12:40 hours.
This is a routine board strengthening move and does not materially affect shareholders. The addition of an independent director with finance and accounts expertise could enhance board oversight, but is not expected to impact the stock price.