BSESal Automotive LtdMediumNeutral
Announced Tue, 12 Aug · 18:12 IST

Pursuant to Regulation 30 of SEBI (LODR) Regulation 2015, We wish to inform you that the board of directors of the company at its meeting held today i.e. 12 August 2025, based on the recommendation ....

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SAL Automotive Limited announced two board-level re-appointments approved at its meeting on August 12, 2025, subject to shareholder approval. Mr. Kailash Nath Agarwal (DIN: 08829437), a practicing advocate and retired UP government officer, has been re-appointed as Independent Director for a second term of 5 years from August 20, 2025 to August 19, 2030. Ms. Namrata Jain (DIN: 07310949), a finance professional with over 15 years of experience in corporate finance and capital structuring (PGDBM Finance, Economics Hons. from Hindu College, Delhi University), has been re-appointed as Whole-time Director designated as Executive Director Finance & CFO for a 3-year term from November 11, 2025 to November 10, 2028. Both re-appointments were recommended by the Nomination and Remuneration Committee. Neither director is related to any existing director on the board.

Likely market impact

This is a routine governance update with no material impact on shareholders — existing board members are being retained, ensuring continuity in leadership and oversight.