Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
RSWM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RSWM Limited has informed the stock exchanges that Shri Riju Jhunjhunwala (DIN: 00061060) has been re-appointed as Managing Director (Key Managerial Personnel) for a fresh three-year term from May 1, 2026 to April 30, 2029. The company has also revised the remuneration payable to Shri Rajeev Gupta, the Joint Managing Director. Both decisions were approved by shareholders through a postal ballot, the results of which were filed on the same day (March 27, 2026). Riju Jhunjhunwala, who is also Chairman & CEO of RSWM and Vice Chairman of HEG Limited, is the son of existing Director Shri Ravi Jhunjhunwala. He has been confirmed as not debarred from holding office by any SEBI order or other authority.
This is a routine governance update signalling leadership continuity at the top, with the promoter Jhunjhunwala family (LNJ Bhilwara Group) retaining control of the company. Shareholders should watch for the detailed terms of Rajeev Gupta's revised pay, as it may modestly impact future employee costs, though the overall change is unlikely to materially affect near-term stock price.