Executive Chairman re-appointed; new Whole-time Director appointed
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On the reaction day the stock moved 0.5 pts more than Nifty Smallcap 250 and 1.2 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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At the 22nd AGM on Aug 25, 2026, shareholders approved re-appointment of Mr. Sandeep Tandon as Executive Chairman for 5 years (Oct 1, 2026 to Sep 30, 2031). Mr. Jayesh Nagindas Doshi, earlier a Non-Executive Director, was appointed Whole-time Director for 5 years till Mar 31, 2031. Mr. Tandon led the company's 2022 IPO.
Leadership continuity with founder Chairman; Doshi brings 37 years of finance and M&A experience into an executive role.