Announced Fri, 14 Nov · 17:07 IST

Kindly find enclosed the Re-Constitution of the Committees of the Board of Directors of the Company w.e.f. November 12th, 2025 for your reference.

Promoter Family Board EntryManagement Changes View source PDF

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AI summary

United Leasing & Industries Ltd has reconstituted four key board committees — Audit Committee, Nomination and Remuneration Committee, Stakeholders' Relationship Committee, and Share Transfer and Transmission Committee — effective November 12, 2025, following a recent change in board composition. Independent Director Karm Sawhney has been appointed Chairperson of the Audit, Nomination & Remuneration, and Stakeholders' Relationship Committees, while Managing Director Ashish Khanna chairs the Share Transfer Committee. Other members across the committees include Independent Director Sonia Vaid, Executive Director Aditya Khanna, and Non-Executive Director Anil Kumar Khanna. The changes have been formally communicated to BSE under SEBI Listing Regulations, signed by Director Aditya Khanna.

Likely market impact

This is largely a routine governance housekeeping update to align committee membership with the current board. Investors may note the strong presence of the Khanna family (Ashish, Aditya, and Anil Kumar) across multiple committees, including executive roles, which could be a point of attention for governance-minded shareholders.