Padmanabh Industries Ltd — Important, 27-02-2026: Company Update

Padmanabh Industries' Board has announced a significant leadership change. Mr. Akash Parmar has been appointed as the new Managing Director for a five-year term, pending shareholder and regulatory approvals. Mr. Parmar brings a Master of Engineering degree and over three years of experience in business development and team leadership. This appointment follows the resignation of Mr. Dhairya Bharatbhai Shah from the Managing Director role, due to pursuing other professional opportunities. This transition marks a new phase in the company's management.