Intimation regarding reconstitution of Committees of the Board of Directors
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Marc Loire Fashions informed BSE about a reconstitution of three key Board committees — Audit, Nomination & Remuneration, and Stakeholders Relationship — effective November 18, 2025, following a board meeting on November 14, 2025. Mr. Saurav Gupta and Ms. Yamini Soni, both newly appointed Non-Executive Independent Directors, have replaced Mr. Saurabh Shashwat and Ms. Rojina Thapa as members across all three committees. The new Audit Committee will be chaired by Mr. Saurav Gupta, with Mr. Arvind Kamboj (Managing Director) as the other member; the Nomination & Remuneration Committee will be chaired by Mr. Saurav Gupta with Mr. Atul Malhotra; and the Stakeholders Relationship Committee will be chaired by Mr. Atul Malhotra. Mr. Saurav Gupta has been designated Chairperson of two of the three committees.
This is a routine governance update with no direct impact on share price or shareholder value. Investors may note the full committee refresh with newly inducted independent directors, which strengthens independent oversight going forward.