Outcome of Board Meeting held on May 19, 2026.
Price
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Sarthak Industries' Board of Directors met on May 19, 2026 and approved three items: (1) Re-appointment of Mr. Ajay Peshkar as Whole-time Director (KMP) for another 3 years starting May 19, 2026, pending shareholder approval at the next General Meeting. Mr. Peshkar is 51 years old with 31+ years of experience in strategic planning, plant administration, and production management. (2) Re-appointment of M/s. S K Malani & Co. as Internal Auditor for FY 2026-27. (3) Re-appointment of M/s. A. Goyal and Co. as Cost Auditor for FY 2026-27. The meeting lasted 30 minutes, starting at 5:30 PM and concluding at 6:00 PM.
This is a routine governance update indicating management continuity. The re-appointment of Mr. Peshkar as Whole-time Director provides stability in company leadership. No immediate material impact on stock price expected from these routine appointments.