With reference to the captioned subject and pursuant to Regulation 30 of the SEBI LODR Regulations, we write to inform you that the Board of Directors of the Company has, at its meeting ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ramgopal Polytex Limited's Board meeting on May 08, 2026 resulted in two director changes. Mr. Arun Kumar Sharma (DIN: 00369461), a 61-year-old Commerce graduate, Law Graduate, and Fellow Member of ICAI with over 30 years of experience in Banking and Financial Sector, was appointed as an Additional Non-Executive Independent Director for a 5-year term starting May 09, 2026, subject to shareholder approval. Simultaneously, Mr. Arun Kumar Modi (DIN: 07513121) ceased to be an Independent Director upon completion of his second and final term, effective from close of business hours on May 08, 2026. Consequently, he stepped down from the Audit Committee and Nomination and Remuneration Committee. The Board also reconstituted all three committees (Audit, NRC, and Stakeholders Relationship) effective May 09, 2026, with Mr. Sharma joining both the Audit Committee and NRC.
The company maintains its independent director composition following a planned succession, with Mr. Sharma bringing extensive banking and financial sector expertise to the board and its committees. No immediate impact on stock price is expected as these are routine governance changes.