Mahalaxmi Rubtech Limited has informed the Exchange about change in Management
MHLXMIRU · price
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Mahalaxmi Rubtech Limited announced three management changes effective April 1, 2026. First, Mrs. Renukaben Patel was appointed as an Additional Independent Director for a 1-year term. She is a Company Secretary with 8 years of experience in corporate laws, SEBI regulations, and compliance management. Second, Mr. Balveermal Kewalmal Singhvi was re-appointed as Independent Director for a second 5-year term after completing his first tenure. Third, the Board reconstituted three committees (Audit, Nomination & Remuneration, and CSR), with Mrs. Renukaben Patel joining all three committees and taking the Chairman role of the Nomination & Remuneration Committee, replacing Mrs. Sangita Shingi in each case.
The appointment of a new Independent Director with legal and compliance expertise strengthens the Board's governance capabilities. The committee reconstitution ensures continued oversight functions. These are routine governance changes that should have a neutral to slightly positive impact on shareholder confidence.