Parmjit Singh Appointed as Non-Executive Independent Director at Futuristic Solutions Ltd
Futuristic Solutions Ltd has announced the appointment of Mr. Parmjit Singh as a Non-Executive Independent Director on its Board of Directors, effective July 20, 2026. The appointment was approved by the company's Board of Directors, and it remains subject to the approval of the shareholders.Mr. Singh brings significant experience from his background as an entrepreneur, agriculturist, and contractor. He possesses extensive expertise across business operations, agriculture, and infrastructure-related activities. His professional interests include managing a bricks and tiles manufacturing business. Furthermore, he has considerable practical knowledge in farming, land development, orchard development, and minor irrigation projects, providing him with strong insights into lending purposes.
In relation to the appointment, it was confirmed that Mr. Singh is not related to any of the Directors or Key Managerial Personnel (KMP) or Promoters and Promoter group of Futuristic Solutions Ltd. He also declared that he has not been convicted of any offence connected with the promotion, formation, or management of any company or LLP within the last five years.
The details of Mr. Singh's appointment are summarized below:
| Detail | Information |
|---|---|
| Director Name | Parmjit Singh |
| Appointment Status | Non-Executive Independent Director |
| Effective Date | July 20, 2026 |
| Term of Appointment | Five years from the date of appointment (subject to shareholder approval) |
| Relationship with Company Directors/KMP | Not related |
The Board decision confirmed Mr. Singh's qualifications and suitability to contribute guidance based on his diverse operational knowledge, which spans agriculture, construction, and business management.
Stock Price Movement
At 13:38, shares of Futuristic Solutions Ltd. are ticking up strongly, currently marking a 4.98% jump to ₹43.20. The stock has been trading completely flat today, with its intraday high and low both registered at the current price of ₹43.20.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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