The board has approved the appointment, change in designation and resignation of the directors, in the board meeting held on 03.12.2025. This disclosure is in compliance of the Regulation 30(LODR).
Awaiting price reaction for this filing.
At the board meeting on 3rd December 2025, Rushabh Precision Bearings appointed two new Additional Non-Executive Independent Directors — Mr. Robert Jonathan Moses (30+ years of leadership experience) and Ms. Namrata Sharma (14+ years in corporate law and governance, ICSI member) — each for a 5-year term, subject to shareholder approval. Mr. Praveen Chandola resigned from the Board as a Director to focus exclusively on his role as Chief Financial Officer, creating a clearer separation between board oversight and executive management. Mr. Raj Kumar Sethi was redesignated from Executive Director to Non-Executive Non-Independent Director as part of an internal governance restructuring. No financial or operational details were disclosed in this filing.
This is a governance restructuring with no direct financial impact. The reshuffle strengthens the independent director bench and separates the CFO's executive duties from board oversight, which is generally viewed positively by investors as a sign of improved corporate governance.