Kabra Commercial Limited has made a regulatory disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding changes in key managerial personnel.
Board Meeting and Decisions
The Board of Directors at its meeting held on Monday, July 06, 2026, considered and unanimously approved the following:
1. Appointment of New Director: Approved the appointment of Mr. Vedant Raj Kabra (DIN: 10536643) as an Additional Director (Executive), based on the recommendation of the Nomination and Remuneration Committee. The approval of shareholders for this appointment must be obtained within a period of 3 months from the appointment date.
2. Resignation of Managing Director: Accepted the resignation of Mr. Rajesh Kumar Kabra, Managing Director (Key Managerial Personnel), who tendered his resignation on account of personal reasons. The resignation is effective from the close of business hours on July 6, 2026. The Board placed on record its sincere appreciation for Mr. Rajesh Kumar Kabra's contributions during his long association as Managing Director of the Company.
Director Profile and Details
Mr. Vedant Raj Kabra:
- Qualification: MBA
- Experience: Over 5 years of experience in a range of businesses
- Current Position: Serves as a Director on the board of Coalsale Company Limited
- Relationship: Related to other Directors of the Company
- Status: Not debarred from holding the office of director based on available information