Announced Wed, 16 Apr · 17:09 IST

Outcome of Board Meeting held on 16th April, 2025 / Board Meeting commenced at 04:00 p.m. and concluded at 04:15 p.m. / Intimation of RECONSTITUTION OF COMMITEES under Regulation 30 of ....

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Siyaram Recycling Industries has reconstituted four key board committees after a change in its Independent Directors. Mr. Jaimish Govindbhai Patel resigned as Independent Director effective April 1, 2025, and Mr. Bhuvnesh Kumar was appointed as a new Independent Director effective April 4, 2025. As a result, the Audit Committee, Stakeholders Relationship Committee, Nomination and Remuneration Committee, and CSR Committee have been reshuffled. The board approved the changes at a meeting on April 16, 2025, which lasted just 15 minutes (4:00 p.m. to 4:15 p.m.). Managing Director Bhavesh Ramgopal Maheshwari continues to chair the CSR Committee and remains on the Audit Committee.

Likely market impact

This is a routine governance update — a single independent director change triggering committee reshuffling. No material impact on shareholders or operations is expected, though investors may note that the company has maintained compliance with minimum independent director requirements on all key committees.