Reappoints MD and WTD for 5 years; appoints new Independent Director
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Yug Decor Limited's board has reappointed Mr. Chandresh S. Saraswat as Managing Director and Ms. Ankita Saraswat (his immediate relative) as Whole Time Director, both for 5 years from 7 February 2027, pending shareholder approval at the 23rd AGM on 26 September 2026. The board also appointed Mr. Sunil Thakore as Additional Independent Director effective 27 August 2026, for a proposed 5 year term. Chandresh holds around 39.6 lakh shares and Ankita holds around 5.9 lakh shares.
Routine leadership reappointments ensure continuity. New independent director adds governance oversight. No material impact expected for shareholders.