Board re-appoints MD and WTD for 5 years; regularises Independent Director
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The board approved re-appointment of Mr. Jimit Shah as Managing Director and Mr. Ramesh Shah as Whole-time Director, each for 5 years from November 2, 2026 to November 1, 2031. It also approved regularization of Mr. Mangilal Jogani as Non-Executive Independent Director for 5 years from September 30, 2026, subject to shareholder approval. A postal ballot will run from October 18 to November 17, 2026. Ramesh Shah is Jimit Shah's father, and the company operates in real estate.
Routine governance. Family-run leadership continues unchanged. Shareholder approval via postal ballot is required for these appointments to take effect.