Sungold Capital Ltd — Updates, 17-06-2025: Company Update

Sungold Capital Limited has announced a board meeting held to approve key leadership changes. Mr. Rajiv Kotia has been re-appointed as Chairman & Managing Director for five years, effective from July 1, 2025, pending shareholder approval, with remuneration fixed for three years. Mr. Subodh Kumar Singh, a seasoned expert in corporate affairs and regulatory compliance, has been appointed as an Additional Non-Executive Independent Director. The Board also accepted the resignation of Mr. Avinash Nolkha from his role as Independent Director due to preoccupancy. Committee memberships have been reconstituted accordingly. These updates enhance governance and strategic leadership for the company’s growth trajectory.