The Meeting of the Board of Directors of the Company was held on Friday, May 8, 2026 at 11:00 A.M. and concluded at 11:30 A.M. The Board of Directors has inter-alia considered and approved ....
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Tashi India Ltd's board meeting on May 8, 2026 resulted in two new director appointments and one resignation. Shri Rohit Hargovind Bajaj and Shri Sunil Hargovind Bajaj were appointed as Additional Non-Executive Directors. Both new directors are related to each other, belong to the Promoter Group, and are currently associated with Bajaj Steel Industries Limited. Rohit holds 3.45% and Sunil holds 1.07% of the company's share capital. Meanwhile, Mr. Akshay Ratanchand Ranka resigned as Non-Executive Director due to pre-occupation and other commitments effective from close of business on May 8, 2026.
The appointment of two promoter-group members strengthens the Bajaj family's control over the board. This could be seen positively if these experienced businessmen bring value, but the simultaneous departure of an existing director warrants monitoring for any underlying governance concerns.