Pursuant to the Regulation 30 of the SEBI (LODR) Regulations, 2015, we hereby inform your esteemed organisation that as per the recommendation of Nomination and Remuneration Committee, ....
Awaiting price reaction for this filing.
Mipco Seamless Rings (Gujarat) Limited has appointed Mr. Vikky Jain (DIN: 11022293) as an Additional Director (Whole-Time Director, Professional) with effect from 25th April 2025, following a recommendation by the Nomination and Remuneration Committee and approval by the Board. Mr. Jain holds a bachelor's degree in commerce and brings over 13 years of experience in corporate management, strategic planning, regulatory compliance, and organizational development. He is not related to any existing Director on the Board and is not debarred from holding a Director position by any authority. He will hold office until the next Annual General Meeting of the Company.
The appointment adds an experienced executive professional to the Board in a Whole-Time capacity, which may strengthen operational leadership. For shareholders, this is a routine governance update and is unlikely to cause any immediate movement in the stock price.