Board reshuffle: director exits, MD elevated to Chairman, two new independents appointed

Shri Jagdamba Polymers board approved multiple changes on July 6, 2026. Director Vikas Agarwal resigned citing professional commitments. Independent Director Maheshkumar Joshi ended his tenure after completing two terms. Managing Director Ramakant Bhojnagarwala was redesignated as Chairman from July 7. Two new independent directors, Aalay Mehta (textile machinery) and Hardik Shah (healthcare management), were appointed for 5-year terms each. Audit, Nomination, Stakeholders and CSR committees were reconstituted accordingly.