Appointment of Independent Director
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Shangar Decor Ltd has appointed Mr Amit Panalal Shah as an Additional Director in the Non-Executive Independent category, effective December 3, 2025, for a term of five years. Mr Shah holds a B.Pharm from M.S. University, Baroda, and previously worked in the software industry until January 2025. He is not related to any existing director on the board and is not barred by SEBI or any other authority from holding a directorship. The appointment was approved at a board meeting held the same day, running from 2:30 PM to 3:00 PM.
This is a routine governance update with no direct impact on shareholders or the stock price. It strengthens the board by adding an independent director, which may improve compliance with listing requirements.