We wish to inform that the Board of Directors of the Company has considered & approved the interalia: - 1. Re-appointed Mr. Shivshankar Gurushantappa Lature, who retires by rotation and ....
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The Board of Directors of Suyog Gurbaxani Funicular Ropeways Ltd, at its meeting on August 13, 2025, approved the re-appointment of two directors who retire by rotation: Mr. Shivshankar Gurushantappa Lature (DIN: 02090972) and Mr. Omprakash Dwarkadas Gurbaxani (DIN: 00324142). Both have been re-appointed for a term of 5 years effective August 14, 2025. Mr. Omprakash Gurbaxani is a founder member and promoter of the company, while Mr. Shivshankar Lature brings over two decades of infrastructure and telecom industry experience. The Board also re-appointed M/s. Amruta Giradkar & Associates as Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30.
This is a routine governance update with no material business impact. The continuation of promoter Mr. Omprakash Gurbaxani and existing director Mr. Shivshankar Lature on the board signals stability in leadership. Shareholders should note the family connections on the board: Mr. Omprakash is the brother of Whole-time Director Rajkumar Gurbaxani, and Mr. Shivshankar is the father of Non-Executive Director Suyash Lature.