Board reshuffle: Director quits, MD becomes Chairman, two new independent directors appointed
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shri Jagdamba Polymers announced board changes. Director Vikas Agarwal resigned citing professional commitments. Independent Director Maheshkumar Joshi ceased after completing two terms. MD Ramakant Bhojnagarwala was redesignated as Chairman effective July 7, 2026. Two new Non-Executive Independent Directors were appointed for 5-year terms subject to shareholder approval: Aalay Mehta (over two decades in textile machinery) and Hardik Shah (MBA, healthcare management). Audit, NRC, Stakeholders and CSR committees were reconstituted accordingly.
Routine board restructuring. MD elevation to Chairman signals continuity. New independent directors bolster board. No governance red flags indicated.