Announced Thu, 2 Jul · 17:59 IST

Board recommends Executive Director appointment

Management Changes View source PDF

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AI summary

Royal India Corporation's board on July 2, 2026 approved recommending the appointment of Mr. Rishabh Sareen (DIN: 11685800) as Executive Director for 5 years effective April 30, 2026, subject to shareholder approval. An Extra-Ordinary General Meeting is scheduled for July 30, 2026 via video conference. Register of members will be closed from July 24 to July 30, 2026. Kaushal Doshi and Associates appointed as scrutiniser for the EGM.

Likely market impact

Adds an executive director to the board, but appointment is not final until shareholders approve it at the July 30 EGM.