Shanti Gold International Limited has informed the Exchange regarding Change in Director(s) of the company.
SHANTIGOLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.1 pts less than its Gems Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Shanti Gold International Limited's board has approved the re-appointment of Mr. Pankajkumar Jagawat as Managing Director and Mr. Manojkumar Jain as Whole-time Director, each for a fresh 5-year term from September 1, 2026 to August 31, 2031. Both directors have been with the company since its inception and have 20-25 years of experience in the jewellery manufacturing and trading industry. The board also approved an increase in their remuneration, effective February 1, 2026. These re-appointments and the revised pay are subject to shareholder approval through a postal ballot.
Continuity in leadership with no change in top management; shareholders will get to vote on the re-appointments and the higher pay. Routine in nature and unlikely to move the stock price materially unless shareholders raise objections to the remuneration hike.