Appointment of Additional Director (Independent Category)
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Awaiting price reaction for this filing.
Madhusudan Industries Ltd has appointed Mr. Jwalasingh Tulsiram Rajput (DIN: 11047617) as an Additional Non-Executive Independent Director, effective 27th May 2025. The appointment is for a term of five consecutive years, subject to approval from shareholders at the next general meeting. Mr. Rajput is a B.Com graduate with over 40 years of experience in purchase, sales, production, planning, and plant management. He holds 300 shares in the company and serves on the board of Gujarat Soaps Private Limited. The company confirmed he is not debarred from holding directorship by any SEBI order or authority.
This is a routine board expansion adding an independent director with strong operational experience; it strengthens board composition but is unlikely to materially move the stock price.