Manugraph India Board Approves Re-appointment of Key Directors for Future Terms
The Board of Directors of Manugraph India Limited has approved the re-appointment of two directors, Mr. Shailesh B. Shirguppi and Ms. Madhavi Kilachand, following a meeting held on June 24, 2026. The appointments are set to continue their service in key roles as deemed necessary by the company.Mr. Shailesh B. Shirguppi has been re-appointed as a Whole Time Director (Works) for a period of three years, effective from July 1, 2026. Mr. Shirguppi brings considerable experience to the role, having completed 35 years with the company. His professional background encompasses various functions such as Research and Development, Customer Support Department (CSD), Technical Sales, Project Management, Machine Shop, Stores & Inventory, Industrial Engineering, and Costing.
He has significant international and domestic exposure, handling the installations and servicing of Manugraph sheetfed and web offset printing machines in global markets. Mr. Shirguppi also participated in various domestic and international printing exhibitions and worked with Dauphin Graphic Machinery (GM) in the USA and M/s C&C Carrarro in Italy for product development and technology transfer. Academically, he holds a Bachelor of Engineering degree from KIT College of Engineering, Kolhapur, and completed a one month Management Development program on 'Excellence in Manufacturing' at the Indian Institute of Management (IIM), Ahmedabad.
Details regarding Mr. Shirguppi’s re-appointment are summarized below:
| Appointment Detail | Re-appointment Details |
|---|---|
| Role | Whole Time Director (Works) |
| Term Period | 3 years |
| Effective Date | July 1, 2026 |
| Experience Highlights | 35 years with the Company; experience in R&D, Technical Sales, and International Installations. |
Ms. Madhavi Kilachand has also been re-appointed as an Independent Director of the company. Her term commenced on June 29, 2026, for a period of five years. Ms. Kilachand holds a B.A. in Psychology and Literature from Mumbai University.
Prior to her appointment with Manugraph India Limited, Ms. Kilachand served at Kesar Group of Companies, contributing to HR development and CSR initiatives. She was instrumental in developing a primary school for underprivileged children at the group's manufacturing location in Baheri, Ilp. Currently, she is working as an art educator at the Cathedral & John Cannon Infant School in Mumbai.
The details related to Ms. Kilachand’s re-appointment are presented in the table below:
| Appointment Detail | Re-appointment Details |
|---|---|
| Role | Independent Director |
| Term Period | 5 years |
| Effective Date | June 29, 2026 |
| Professional Background | Holds B.A. in Psychology and Literature; experience at Kesar Group and current work as an art educator. |
Regarding both directors, the board confirmed that neither Mr. Shirguppi nor Ms. Kilachand is related to any of the existing Directors or Key Managerial personnel or the promoters of the Company.
MANUGRAPH Stock Price Movement
Shares of Manugraph India Limited shed value today, closing at ₹15.2 after declining by 0.65%. The stock saw a total traded volume of 1,719 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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: