The Members of the Company approved, based on the recommendations of the Nomination and Remuneration Committee and the Board of Directors, the re-appointment of Mr. Kamal Khushlani (DIN: 00638929) as the Managing Director of the Company. His designation will be Chairman and Managing Director.
The re-appointment is for a period of five years, commencing upon the expiry of his present term of office. The effective date is March 08, 2027, and the term will run until March 07, 2032.
The disclosure affirms that Mr. Kamal Khushlani has not been debarred from holding the office of Director by any Order passed by the Securities and Exchange Board of India or any other authority.
Director Profile
Mr. Kamal Khushlani is the Promoter, Chairman and Managing Director of the Company. He holds a Bachelor's degree in Commerce from the University of Mumbai and has been associated with the Company since its incorporation. He has over 34 years of experience in the apparel industry and is credited with building the Company and creating the "Mufti" menswear brand, which was launched in 1998. He is involved in product development, brand building, marketing, overall management, and providing strategic direction to the Company.
Director Relationships
It is disclosed that Mr. Kamal Khushlani is related to Mrs. Poonam Khushlani, who is a Whole-time Director of the Company. He is not related to any other Director of the Company.
The intimation was filed by Sanjay Kumar Mutha, Company Secretary and Compliance Officer, and has been uploaded to the Company's website at www.credobrands.in.