Indo Us Bio-Tech Ltd Reconstitutes Board Committees Following Director Change
Indo Us Bio-Tech Ltd announced changes in the composition of its various board committees following a meeting held on July 10, 2026. The move was necessitated by a senior director's resignation and the subsequent appointment of a new independent director.The company's Board of Directors approved the reconstitution of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee during the meeting. These changes are effective as of July 10, 2026.
The necessity for committee changes arose from the resignation of Mrs. Nehaben Patel, who served as a Non-Executive Independent Director of the company. Following this departure, the Board appointed Mrs. Hemanshi Darsh Soni as an Additional Director (Non-Executive, Independent) on April 21, 2026, pending shareholder approval.
As part of the board's response to these changes, the structure and membership of the three key committees were revised.
Committee Composition Details
The members and roles for each committee are detailed below:
Audit Committee
| Sr.No. | Name | Designation |
|---|---|---|
| 1. | Ritaben Nileshbhai Kikani | Chairperson |
| 2. | Shilpa Chetanbhai Thumar | Member |
| 3. | Jagdishkumar Devjibhai Ajudiya | Member |
| 4. | Hemanshi Darsh Soni | Member |
Nomination and Remuneration Committee
| Sr.No. | Name | Designation |
|---|---|---|
| 1. | Shilpa Chetanbhai Thumar | Chairperson |
| 2. | Ritaben Nileshbhai Kikani | Member |
| 3. | Hemanshi Darsh Soni | Member |
Stakeholders Relationship Committee
| Sr.No. | Name | Designation |
|---|---|---|
| 1. | Ritaben Nileshbhai Kikani | Chairperson |
| 2. | Jagdishkumar Devjibhai Ajudiya | Member |
| 3. | Hemanshi Darsh Soni | Member |
| 4. | Shilpa Chetanbhai Thumar | Member |
The board meeting related to this outcome commenced at 15:00 P.M. and concluded at 15:30 P.M.
INDOUS Stock Price Movement
Indo Us Biotech Limited shares slipped by 1.79% today, settling at ₹87.52 in post-market trading. The stock closed after trading a total of 18,003 shares during the session.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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