Pushpa Jewellers Appoints Mohit Dujari as Independent Director, Revises Management Remuneration
Pushpa Jewellers Limited has approved significant changes following its Board of Directors meeting held on June 26, 2026. Key outcomes included the appointment of a new Independent Director and the revision of remuneration for senior management personnel.The Board meeting considered and approved the recommendations from the Nomination and Remuneration Committee regarding director compensation and the required appointment of an Independent Director.
Appointment Details and Appointments
Mr. Mohit Dujari (DIN: 09118650) was appointed as Additional Director, categorized as an Independent Director. His appointment is effective from June 26, 2026, for a term of five consecutive years, concluding on June 25, 2031, subject to the approval of the company's members. Mr. Dujari will not be liable for rotation.The Board also approved the reconstitution of the Nomination and Remuneration Committee consequent upon Mr. Dujari’s appointment and the resignation of Pranay Agarwal (DIN: 02758174), an Independent Director.
Management Remuneration Revisions
In addition to the independent director appointment, the Board approved revisions in remuneration for two directors.- Mr. Anupam Tibrewal (Managing Director) had his remuneration revised, effective from April 1, 2026.
- Mridul Tibrewal, Whole-Time Director & CEO, also saw a revision in his remuneration, effective from April 1, 2026.
Nomination and Remuneration Committee Composition
The appointment of Mr. Mohit Dujari led to the reconstitution of the Nomination and Remuneration Committee. The revised composition includes:| Sr. No. | Name | Position | Category |
|---|---|---|---|
| 1 | Mohit Dujari | Chairperson | Non-Executive & Independent Director |
| 2 | Gargi Singh | Member | Non-Executive & Independent Director |
| 3 | Shaista Afreen | Member | Non-Executive & Independent Director |
Profile of New Appointment
Mr. Mohit Dujari brings extensive experience to the company, holding qualifications and professional standing consistent with an independent director role. He is a Practicing Company Secretary with over 10 years of experience in Corporate Laws. Mr. Dujari holds a Bachelor of Commerce from the University of Calcutta and a Bachelor's degree in Law from The University of Burdwan. Furthermore, he is a Fellow Member of The Institute of Company Secretaries of India and has completed an Executive Course on Business and Corporate Laws from IIM - Calcutta.The meeting, which commenced at 3:30 P.M., concluded at 4:15 P.M.
PUSHPA Stock Price Movement
Shares of Pushpa Jewellers Limited slipped on Thursday by 2.44% to settle at ₹103.95. The stock traded a volume of 11,000 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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