RSWM Limited Re-appoints Riju Jhunjhunwala as Managing Director, Revises Remuneration for Rajeev Gupta
RSWM Limited announced the re-appointment of Riju Jhunjhunwala as Managing Director and a revision in the remuneration of Joint Managing Director Rajeev Gupta on March 27, 2026. The decisions followed a Postal Ballot and were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Riju Jhunjhunwala (DIN: 00061060) has been re-appointed as Managing Director for a period of three years, effective May 1, 2026, to April 30, 2029. Jhunjhunwala is also the Chairman & Managing Director and CEO of RSWM Limited, Vice Chairman of HEG Limited, and Managing Director of Bhilwara Energy Ltd. He holds a Bachelor of Science degree from the University of Bradford and has been active in various business associations. Jhunjhunwala is the son of Ravi Jhunjhunwala, a director of the company. He is not debarred from holding office by any SEBI order or other authority.
Details regarding the remuneration revision for Rajeev Gupta (DIN: 02049516), Joint Managing Director, were not disclosed.
Director Details
The following table summarizes details regarding the re-appointment of Riju Jhunjhunwala:
| Particulars | Details |
|---|---|
| Name of Director | Shri Riju Jhunjhunwala |
| Reason for Change | Re-appointment as Managing Director |
| Date of Re-appointment & Term | Effective May 1, 2026, to April 30, 2029 (three years) |
| Brief Profile | Chairman & Managing Director and CEO of RSWM Limited, Vice Chairman of HEG Limited, and Managing Director of Bhilwara Energy Ltd. |
| Relationship with Directors | Son of Shri Ravi Jhunjhunwala, Director of the Company |
| Debarred Status | None |
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