Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we would like to inform you that the Members of the Company, at the 33rd Annual General Meeting held on 26th September, 2025, ....
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At the 33rd Annual General Meeting held on 26th September 2025, shareholders approved the re-appointment of Mr. Devendra Jain (DIN-00232920) as Managing Director for a further three-year term from 1st August 2026 to 31st July 2029. They also approved the re-appointment of Mr. Mukesh Utsavlal Jain (DIN-00245111) as Whole Time Director for the same three-year period. Both are brothers and have been associated with the company since the early 1990s, with Mr. Devendra Jain having over 48 years of experience and Mr. Mukesh Jain over 45 years. The re-appointments were recommended by the Nomination and Remuneration Committee and initially approved by the Board on 13th August 2025 before being put to members. Neither director is debarred from holding office under any SEBI or other authority order.
Continuity in leadership is maintained with the re-appointment of both the Managing Director and Whole Time Director, providing stability for shareholders. Since these are re-appointments of existing directors with no change in management, this is a routine governance event with no material impact on the stock price.