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

The company has updated its board composition. Mr. Vikas Shrikishan Agarwal has resigned as a Director, and Mr. Maheshkumar Gaurishanker Joshi ceased to be an Independent Director after completing his term. Mr. Ramakant Bhojnagarwala, the Managing Director, has been redesignated as Chairman. Following evaluation by the Nomination & Remuneration Committee, the board approved the appointment of Mr. Aalay Mehta, a textile industry veteran, and Mr. Hardik Shah, a healthcare management expert, as new Non-Executive Independent Directors for five-year terms, pending shareholder approval. These changes led to the reconstitution of key board committees, signaling a leadership refresh.