Aryaman Capital Markets Appoints New Director, Reports Committee Reconstitution Following Board Meeting

Aryaman Capital Markets Appoints New Director, Reports Committee Reconstitution Following Board Meeting

Aryaman Capital Markets Appoints New Director, Reports Committee Reconstitution Following Board Meeting​

Aryaman Capital Markets Ltd. announced significant updates regarding its board and governance structure following a meeting held on July 31, 2026. The company appointed Mr. Ronak Jain as an Additional Non-Executive Independent Director (NEID), while concurrently confirming the cessation of Mr. Darshit Parikh from his post.

The appointment of Mr. Ronak Jain is effective immediately and is subject to approval by the shareholders at the ensuing general meeting. This move, alongside changes in director roles, led to a reconstitution of the Nomination and Remuneration Committee.

Key Personnel Changes​

Appointment of Additional Director:
Mr. Ronak Jain has been appointed as an Additional Non-Executive Independent Director for a period of five years, effective July 31, 2026. Mr. Jain is a Practising Chartered Accountant with over a decade of experience in areas including audit, taxation, financial reporting, regulatory compliance, corporate governance, and investment banking. He is the Proprietor of M/s Ronak Jain & Associates and holds a partnership at M/s SSKA & Co., Chartered Accountants.

Details related to his appointment are as follows:

ParticularsDetail
Reason for changeAppointment as an Additional Non-Executive Independent Director, subject to shareholder approval.
Date of appointmentJuly 31, 2026
Brief ProfilePractising Chartered Accountant with over a decade experience in audit, taxation, financial reporting, regulatory compliance, corporate governance, and investment banking. He is the Proprietor of M/s. Ronak Jain & Associates and a Partner at M/s. SSKA & Co., Chartered Accountants.
Term of AppointmentFive years w.e.f July 31, 2026, subject to shareholders' approval.
RelationshipsNot related to any Directors of the Company.

Cessation of Director:
Mr. Darshit Parikh (DIN: 03492803) ceased his role as Non-Executive Independent Director, effective July 31, 2026, upon completing his second consecutive term.

Reconstituted Nomination and Remuneration Committee​

The Board meeting resulted in the reconstitution of the Nomination and Remuneration Committee. The committee’s composition is detailed below:

Sr. No.Committee MembersDesignationPosition in Committee
1.Ms. Kajal ChhatwalNon-Executive Independent DirectorChairperson
2.Ms. Damini BaidNon-Executive Independent DirectorMember
3.Mr. Ronak JainNon-Executive Independent DirectorMember

Stock Price Movement​

Aryaman Capital Markets Ltd settled on a strong Thursday, closing at ₹400.00, marking a 2.21% gain for the shares. The stock experienced intraday movement, trading between a low of ₹399.95 and a high of ₹404.95.
 

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