Netweb Technologies India Limited has informed the Exchange about change in Management
NETWEB · price
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Netweb Technologies India Limited has received shareholder approval via postal ballot (completed March 20, 2026) for the re-appointment of four directors for a 5-year term from August 14, 2026 to August 13, 2031. Mr. Sanjay Lodha continues as Chairman and Managing Director (not liable to retire by rotation), while Mr. Vivek Lodha, Mr. Niraj Lodha, and Mr. Navin Lodha continue as Whole-time Directors (liable to retire by rotation). All four are members of the Lodha family, which are the promoters of the company. The re-appointments were based on recommendations of the Nomination and Remuneration Committee and the Board. None of the directors have been debarred by SEBI from holding directorship.
This is a continuity event with no negative implications. Promoter family retains full control of the board for the next five years, which provides stability but also means no independent oversight change. Shareholders are unlikely to see any immediate stock price impact from this routine re-appointment.