Shri Jagdamba Polymers Ltd — Important, 06-07-2026: Company Update

The company's board has undergone significant restructuring. Two directors have exited: Mr. Vikas Agarwal resigned due to other professional commitments, and Mr. Maheshkumar Joshi concluded his tenure as an Independent Director. The Board has redesignated Mr. Ramakant Bhojnagarwala as Chairman. To bolster governance, Mr. Aalay Mehta, a textile machinery business owner, and Mr. Hardik Shah, a healthcare management professional, have been appointed as new Non-Executive Independent Directors for five-year terms, pending shareholder approval. Consequently, key committees including Audit, Nomination & Remuneration, Stakeholder Relationship, and Corporate Social Responsibility have been reconstituted, impacting the company's strategic oversight.