we hereby inform that the board in its board meeting held on october 16, 2025, have approved the appointment of Mr. Rattan Kapoor and Mr. Aryan Chand and took note on the resignations- ....
Awaiting price reaction for this filing.
Shamrock Industrial Company has seen a complete change of management on October 16, 2025, following the completion of an open offer (takeover). The entire Khokhani family board — Mr. Kamlesh Khokhani (Non-Executive Director), Mr. Jitesh Khokhani (Whole-Time Director and CFO), Mr. Kalpesh Khokhani (Non-Executive Director), and Mrs. Neeta Khokhani (Non-Executive Director) — resigned effective end of business on October 16. New management was appointed the same day: Mr. Rattan Kapoor (DIN: 00340970) as Additional Executive Director, Managing Director and CEO (KMP) for 5 years, and Mr. Aryan Chand as Chief Business Officer (KMP) for 5 years. Mr. Kapoor is described as a seasoned entrepreneur and investor behind Q-City and health-tech ventures. Both appointments are subject to shareholder approval at the next general meeting. Resignations were officially cited as 'change in management pursuant to open offer.'
This is a full change-of-control event — the outgoing promoter family has been replaced by a new management team post open offer, which usually signals a strategic pivot and could bring material changes in business direction. Shareholders should watch the new management's strategy and the upcoming general meeting for shareholder approval of the appointments.