Shanti Gold International Limited has informed the Exchange regarding Outcome of Board Meeting held on March 19, 2026.
SHANTIGOLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Shanti Gold International approved the re-appointment of Mr. Pankajkumar Jagawat as Managing Director and Mr. Manojkumar Jain as Whole-time Director, both for a 5-year term from September 1, 2026 to August 31, 2031. Their remuneration has also been increased effective February 1, 2026. Both re-appointments are subject to shareholder approval via Postal Ballot. Mr. Jagawat (52) has 25+ years in jewellery manufacturing and oversees factory operations and finances, while Mr. Jain (50) has 20+ years in jewellery manufacturing covering product development, sourcing, quality, and operations. Neither director is related to other directors or KMPs, and neither is debarred by SEBI/MCA.
Continuity at the top is maintained with the same experienced leadership team, which is generally seen as a positive sign of stability. However, the increase in remuneration may raise governance questions for shareholders voting on the Postal Ballot.