Appointment of Independent Director
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Zodiac-JRD-MKJ Ltd has appointed Mr. Ajay Beniprasad Jajodia as an Additional Non-Executive Independent Director of the company with effect from 7th October 2025. He will serve a five-year term, subject to approval from shareholders at the next general meeting. Mr. Jajodia is an IIM Ahmedabad alumnus (PGDBM) with over 30 years of experience in the steel and IT industries, and currently serves as an Independent Director at Gini Silk Mills Limited. The appointment was made on the recommendation of the Nomination and Remuneration Committee. The board meeting ran from 3:00 PM to 3:40 PM on 7th October 2025.
This is a routine governance update with no direct impact on shareholder value or stock price. The addition of an independent director strengthens the board's oversight profile, but the appointment is subject to shareholder approval.