Key Details
Appointment Details
The Board of Directors of Karamtara Engineering Limited approved the nomination of Mr. Tilokchand Punamchand Ostwal (DIN: 00821268), Independent Director of the Company, for appointment as a Director on the Board of KARAMTARA USA INC., an unlisted material subsidiary of the Company.
The Board of Directors of KARAMTARA USA INC., at its meeting held on October 08, 2026, approved the appointment of Mr. Tilokchand Punamchand Ostwal (DIN: 00821268) as a Director on its Board.
Director Profile and Term
Appointment Date: October 08, 2026
Term of Appointment: Until January 09, 2030
Professional Background: Mr. Ostwal is a Fellow Member of the Institute of Chartered Accountants of India (ICAI) and a member of the United Nations Sub-Committee on Transfer Pricing. He has over 42 years of experience in accounting and finance and is associated as a Senior Partner with M/s Ostwal Desai & Kothari, M/s T. P. Ostwal & Associates LLP and M/s DTS & Associates LLP.
Availability
The intimation is available on the company website at www.karamtara.com and on the websites of BSE Limited and National Stock Exchange of India Limited.
#Tags: #Karamtara #SEBIDisclosure #RegulatoryCompliance #Governance #Neutral