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Awaiting price reaction for this filing.
Minal Industries Limited has received shareholder approval through a postal ballot to regularize the appointment of Mrs. Disha Hiteshkumar Rathod (DIN: 10679515) as a Non-Executive Independent Director. She will serve a 5-year term from May 30, 2025 to May 29, 2030. The company cited her expertise in jewellery, gems, diamonds, and semi-precious stones, along with marketing experience and overseas contacts. She is not debarred by SEBI and is not disqualified under Section 164 of the Companies Act, 2013.
This is a routine governance update with no material impact on the stock price. The addition of an independent director with industry-specific expertise could strengthen board oversight, though it is a standard compliance-driven disclosure.