Appointment of Mr. Amrit Nirmal Chamaria (DIN:02062349) as Additional Director and Managing Director of the company
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Pro Clb Global Ltd (formerly Provestment Services Ltd) announced several changes at its board meeting on July 11, 2025. Mr. Amrit Nirmal Chamaria was appointed as Additional Director and Managing Director for a 5-year term until January 2030. He is the brother of existing Non-Executive Director Mr. Niraj Nirmalkumar Chamaria and brings experience from the Laxmi Group family businesses including Laxmi Printart, Laxmi Pharmapack, and Laxmi Offset. Mrs. Nupur Soni was appointed as the new Company Secretary and Compliance Officer. The company also appointed M/s Bharat J Rughani & Co. as statutory auditors to fill a casual vacancy caused by the resignation of M/s Ahuja Arun & Co., with shareholder approval required within 3 months.
The Chamaria family is consolidating control with the brother of an existing director taking the top executive role, which is common in small promoter-driven companies. The mid-term auditor change is worth monitoring as it can sometimes signal governance or accounting disagreements, though no reason for the previous auditor's exit has been disclosed.