Pursuant to Regulation 30(6) read with Schedule III and other applicable provisions of the SEBI Listing Regulations, we hereby inform you that basis recommendations of the Nomination and ....
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Macfos Ltd's Board, at its meeting on 28 July 2025, approved the re-appointment of six directors on the recommendation of the Nomination and Remuneration Committee. Mr. Atul Maruti Dumbre (Promoter) was re-appointed as Chairman and Managing Director for a 5-year term from 11 January 2026 to 10 January 2031. Two Whole Time Directors — Mr. Binod Prasad and Mr. Nileshkumar Purushottam Chavhan — were also re-appointed for 5-year terms beginning 11 January 2026. Additionally, three Independent Directors — Mr. Ravi Jagetiya, Mr. Ankit Rathi, and Mrs. Anamika Ajmera — were re-appointed for a second 2-year term each. All re-appointments are subject to shareholder approval at the upcoming 8th Annual General Meeting.
This is a continuity announcement — all directors are being retained, including the promoter-led leadership, suggesting stable governance. Shareholders will need to vote on these re-appointments at the AGM; the outcome is largely procedural and unlikely to materially move the stock.