Intimation of re-appointment of Mr. Abhishek Patel as Managing Director of the Company subject to approval of members at ensuing AGM of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rishi Techtex Ltd's Board has approved the re-appointment of Mr. Abhishek Patel as Managing Director for a 3-year term from April 1, 2026 to March 31, 2029, subject to shareholder approval by Special Resolution at the upcoming AGM. The re-appointment was recommended by the Nomination and Remuneration Committee. Mr. Patel is a Commerce Graduate from University of Mumbai and holds a Bachelor's in Economics and Management from the London School of Economics. Disclosure notes that his sister, Ms. Aakanksha Patel, is also a Director on the Board, and he is not debarred from holding office by SEBI or any other authority.
This is a routine governance update signalling leadership continuity at the top. No impact on stock price is expected; the re-appointment merely formalises the existing MD's continuation pending shareholder vote.