Cessation of Director
Mr. Vinodray Keshavlal Kamdar (DIN: 00043309), Director of the Company, passed away on Friday, 28th August, 2026. Consequently, he ceased to be a Director of the Company with effect from that date. He was appointed as a Director of the Company effective 28/06/2023. The Board described his passing as an "irreparable loss" to the Company and conveyed deep sympathy to his family.
Appointment of Additional Executive Director
The Board of Directors, at its meeting held on 21st September, 2026, appointed Mr. Jitendrakumar Nagjibhai Dobariya (DIN: 01840017) as an Additional Director in the capacity of Executive Director. The appointment was based on the recommendation of the Nomination and Remuneration Committee. The appointment is effective from 21st September, 2026, and he will hold office up to the date of the next Annual General Meeting, subject to approval by the company's members.
Director Background and Relationships
Mr. Jitendrakumar Nagjibhai Dobariya is not related to any of the Directors of the Company. The company confirmed that he is not debarred from holding the office of Director by virtue of any SEBI order or any other authority, in accordance with the stock exchange circular dated June 20, 2018.
Profile of New Director
Mr. Dobariya's brief profile includes:
- Established business operations in stationery trading and exports since 2018
- Strong sourcing network with reputed stationery manufacturers in India
- Exported stationery products to markets including Russia, Iran, and Kyrgyzstan
- Experienced in handling stationery, writing instruments, and general consumer goods
- Skilled in bulk procurement, wholesale trading, packing, and export dispatch