Giriraj Civil Developers Appoints New Independent Director and Records Resignation of Key Managerial Personnel
Giriraj Civil Developers Limited announced significant changes following its Board meeting held on June 10, 2026. The company approved the appointment of a new director while recording the resignation of a key managerial personnel due to personal reasons.The Board appointed Mr. Nilesh Surendra Mishra as an Independent Director (Additional) for the company. This role is set to last for five years, running from June 10, 2026, until June 9, 2031. The appointment ensures that the director holds office until the conclusion of the ensuing Annual General Meeting while being eligible for election at that meeting.
Mr. Mishra, a qualified legal and finance professional, brings extensive experience across accounting, taxation, corporate compliance, audit, and financial consulting to the board. His background includes working with Jain Tripathi & Company as an Accounts Executive from May 2012 to January 2015, focusing on tax planning and statutory audits. Since February 2015, he has independently practiced through Nilesh Mishra & Associates, offering consultancy services in finance and legal advisory. Mr. Mishra also currently serves as an Independent Director at MospShop Distribution Limited.
Details of the new appointment are provided below:
| Detail | Information |
|---|---|
| Name of Director | Mr. Nilesh Surendra Mishra (DIN: 09165699) |
| Role | Independent Director (Additional) |
| Date of Appointment | June 10, 2026 |
| Term Length | Five years (until June 9, 2031) |
| Professional Experience | Over a decade in finance and legal consultancy across sectors. |
Resignation of Company Secretary
The Board also approved the resignation of Mr. Jay Bharatbhai Pansuria from his positions as Company Secretary and Compliance Officer (Key Managerial Personnel).Mr. Pansuria resigned effective at the close of business hours on June 10, 2026. The reason for his departure was stated as personal reasons and family arrangements. As a result of this resignation, Mr. Jay Bharatbhai Pansuria will also cease to be Key Managerial Personnel under relevant provisions of the Companies Act, 2013, effective from June 10, 2026.
GIRIRAJ Stock Price Movement
As of 1:26 PM, shares of Giriraj Civil Developers Limited are trading flat at ₹145, holding steady in live trading. The stock is seeing modest activity with 500 units traded so far.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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