Integrated Proteins Ltd Re-designates Hiren Shah as Chairman and Managing Director; EGM Scheduled
Integrated Proteins Ltd has announced a key leadership transition following its Board meeting, re-designating Mr. Hiren Dhirajlal Shah from Additional Executive Director to the role of Chairman and Managing Director of the company. The company also set the date for an Extra Ordinary General Meeting (EGM) for its members for the financial year 2026-27.The Board of Directors consented to re-designating Mr. Hiren Shah as "Chairman and Managing Director." This appointment, which is subject to approval by the company members in a general meeting, allows him to hold the position for a period of five years, beginning on July 24, 2026, and concluding on July 23, 2031. The Board confirmed that Mr. Shah is not debarred from holding directorship by any authority.
The company provided details regarding Mr. Shah’s professional background:
| Particulars | Details |
|---|---|
| Name | Hiren Dhirajlal Shah |
| Designation | Chairman and Managing Director |
| Reason for Change | Re-Designation from Additional Executive Director |
| Date of Appointment | 24.07.2026 (subject to shareholder approval) |
| Profile | Holds a Bachelor of Computer Applications (BCA) degree and a Bachelor of Laws (LL.B.) degree from Saurashtra University. He possesses substantial experience in finance, accounting, business administration, and corporate management. |
Extra Ordinary General Meeting Details
The Board also approved the convening of an EGM for the financial year 2026-27. This meeting is scheduled to be held on Thursday, August 20, 2026, via Video Conferencing (VC) or Other Audio Visual Means (OAVM).Mrs. Ankita Tejas Shah, a Practicing Company Secretary, has been appointed as the Scrutinizer for conducting the e-voting process during the EGM.
The company outlined specific timelines and procedures for members wishing to participate in the electronic voting:
- E-Voting Period Start: Monday, August 17, 2026, at 9:00 A.M.
- E-Voting Period End: Wednesday, August 19, 2026, at 5:00 P.M.
- Cut-off Date for Voting: Thursday, August 13, 2026
The notice of the EGM and its Explanatory Statement were approved by the Board in accordance with company statutes.
Stock Price Movement
Integrated Proteins Ltd settled on Friday at ₹143.85, climbing 2.02% as the shares finished significantly higher. The stock demonstrated considerable movement throughout the session, testing highs near ₹143.90 before dipping toward a low of ₹133.95.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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