E&E Enterprises Ltd Reappoints Key Non-Executive Director and Statutory Auditors
E & E Enterprises Limited, formerly known as The Swastik Safe Deposit and Investments Limited, announced a major corporate decision following its Board meeting on July 10, 2026. The Board approved the re-appointment of Mr. Snehal Parikh as a Non-Executive Independent Director and M/s. K. K. Birla & Co., Chartered Accountants, Mumbai as Statutory Auditors for both entities.The decision to reappoint Mr. Snehal Parikh reflects his extensive experience in corporate management. The Board recommended the individual for a second term of five years, effective from December 30, 2026. Mr. Parikh holds a Master of Business Administration (Finance) degree and possesses over 49 years of experience in business management. He specializes in international freight and logistics management for both general and specialized cargo.
Details regarding the re-appointment of the Non-Executive Independent Director are summarized below:
| Particular | Detail |
|---|---|
| Director | Mr. Snehal Parikh (DIN: 00467965) |
| Position | Non-Executive Independent Director |
| Term Length | 5 years |
| Effective Date | December 30, 2026 |
| Profile Note | Over 49 years of experience in business management and specializes in international freight and logistics. |
Statutory Auditors Reappointment Details
Additionally, based on the recommendation of the Audit Committee, M/s. K. K. Birla & Co., Chartered Accountants, Mumbai was re-appointed as the company’s Statutory Auditor for a five-year period. This term spans from the conclusion of the ensuing 85th Annual General Meeting until the conclusion of the 90th Annual General Meeting.The firm, which is based in Mumbai and holds Firm Registration No. 146343W, provides professional services that include statutory audits, taxation, and financial consulting.
Key information regarding the Statutory Auditors is presented as follows:
| Particular | Detail |
|---|---|
| Firm | M/s. K. K. Birla & Co., Chartered Accountants, Mumbai |
| Role | Statutory Auditor |
| Term Length | 5 years |
| Appointment Period | From conclusion of the 85th Annual General Meeting to the 90th Annual General Meeting |
| Firm Registration No. | 146343W |
Stock Price Movement
At the close of trade on Thursday, E & E Enterprises Ltd settled at ₹23.33, successfully registering a gain of +5.00%. The shares remained tightly bound during the session, having traded completely flat throughout the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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