S.J.S. Enterprises Limited has informed the Exchange regarding the outcome of the Board Meeting.
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The Board of Directors of S.J.S. Enterprises Limited, at its meeting held on June 18, 2025, approved the re-appointment of Mr. K A Joseph as the Managing Director of the Company for a further term of 5 consecutive years, effective from April 1, 2025 to March 31, 2030. The re-appointment is based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval at the upcoming 20th Annual General Meeting. Mr. K A Joseph is a Promoter and co-founder of the Company, holds a bachelor's degree in science and a postgraduate diploma in business administration, and brings over 38 years of experience in the aesthetics printing business. He is also the father of Mr. Kevin K Joseph, the Executive Director of the Company. No other material business matters were disclosed in this outcome.
This is a continuity announcement — the existing Managing Director and Promoter, K A Joseph, continues to lead the company for another 5 years, which should be viewed positively by investors seeking leadership stability. The re-appointment remains subject to shareholder approval at the AGM, but no material impact on stock price is expected in the short term.