Intimation of Appointment of Mr. Paras Chand Jain as an Additional Director in the Category of Non Executive Independent Director
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Western Ministil Limited has appointed Mr. Paras Chand Jain (DIN: 09306054) as an Additional Director in the category of Non-Executive Independent Director, effective April 2, 2025. The appointment was approved by the Board based on the recommendation of the Nomination and Remuneration Committee and is for a first term of five consecutive years, subject to shareholder approval within three months. Mr. Jain also joins the Nomination and Remuneration Committee as a member. He holds a B.Com from MDS University, Ajmer, and brings experience in sales, business development, corporate governance, and financial management. The filing confirms he is not debarred by SEBI or any other authority and is not related to any existing Director on the board.
This is a routine board strengthening move with no material impact on shareholders or stock price. Investors may note improved board composition through the addition of an independent director, which supports better corporate governance oversight.