Announced Sat, 9 Aug · 17:57 IST

PFA, Reg.30 Disclosure for appointment/Reappointment of Non-Executive Independent Director

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Uday Jewellery Industries has informed the stock exchange about board changes approved on August 9, 2025. Shri Sunil Garg, who has been an Independent Director since August 2020 and currently heads the Audit and Nomination committees, has been re-appointed as Non-Executive Independent Director for a fresh five-year term, subject to shareholder approval. Shri Dileep Kumar Jain, a banking and finance professional with over 40 years of experience including senior roles at IFCI Ltd, Bank of Rajasthan, and Punjab National Bank, has been appointed as a Non-Executive Additional Independent Director for five years, also pending shareholder approval.

Likely market impact

This is a routine governance update with no material impact on operations or shareholder value. Continuity is maintained on the board with the re-appointment of an existing independent director and a new director bringing strong banking and finance expertise, which may strengthen board oversight.