Uday Jewellery Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/04/2026 ,inter alia, to consider and approve 1. The appointment ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Uday Jewellery Industries Ltd has informed BSE that a Board Meeting is scheduled for 22nd April 2026. The key agenda items include: (1) Appointment of Mr. Sanjay Kumar Sanghi as Chairman and Managing Director (Corporate Affairs) for 5 years effective 23.04.2026, subject to shareholder approval; (2) Change in designation of Mr. Ritesh Kumar Sanghi from Managing Director to Joint Managing Director (Operations); (3) Appointment of Mrs. Bhavna Sanghi as Additional Director and subsequently as Whole-Time Director for 5 years; (4) Appointment of Ms. D. Srilekha as Additional Independent Director for 5 years. The company also plans to seek shareholder approval via Postal Ballot for these appointments and to open a new branch office in Chennai, Tamil Nadu.
The appointment of Mrs. Bhavna Sanghi as a Whole-Time Director indicates a family member joining the board, which may be viewed positively by investors if it strengthens governance, though it also increases promoter family control. The Postal Ballot process ensures shareholder democracy for these key appointments.