Announced Sat, 17 May · 12:50 IST

Reappointment of Smt. Nalini Shewakramani(DIN:00021138) as Whole time director for a term of three years with effect from 17th May, 2025

Management Changes View source PDF

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AI summary

Ras Resorts & Apart Hotels Ltd has reappointed Smt. Nalini Shewakramani (DIN: 00021138) as Whole Time Director for a fresh term of three years, effective May 17, 2025. She is one of the company's promoters and is related to Shri Vishamber Shewakramani (Managing Director & CFO), Shri Gautam Shewakramani (Director), and Shri Rahul Shewakramani (Director), all of whom are also promoters. She holds a B.Sc., LLB from Bombay University, and an M.S. in Food Technology from Texas A&M University, with expertise in food microbiology and hygienic preservation. The board approved the reappointment at its meeting held on May 17, 2025, and confirmed she is not debarred from holding director office by SEBI or any other authority.

Likely market impact

This is a routine governance update with no material impact on shareholders or the stock price. It signals continuity in promoter-family leadership and stable management at the company.