Shalimar Wires Industries Ltd Appoints Independent Director, Announces Extraordinary General Meeting
Shalimar Wires Industries Ltd has approved the appointment of a new director and called an Extraordinary General Meeting (EGM). The decisions were taken during the company's Board meeting held on July 4, 2026, which concluded at 12:45 PM.The Board approved the appointment of Mr. Sanjay Kumar Kaushik as an Additional Director under the Independent category. This appointment is subject to shareholder approval.
In addition to the board decision, the company will convene an Extra Ordinary General Meeting (EGM) on Tuesday, August 25, 2026, at 11:30 A.M. The meeting will be held via Video Conferencing or Other Audio-Visual Means (OAVM).
Profile of Additional Director Mr. Sanjay Kumar Kaushik
Mr. Sanjay Kumar Kaushik was appointed to the board on July 4, 2026. He brings extensive experience from the manufacturing industry, having worked as a director with Sunil Healthcare Limited and Kaneeka Trimurti Minerals Pvt. Ltd. for over 27 years.The following table outlines key details regarding Mr. Kaushik's appointment:
| Name of Director | Mr. Sanjay Kumar Kaushik |
|---|---|
| DIN | 00329013 |
| Date of Birth / Age | 01.01.1969 / 57 years |
| Date of Appointment | 04.07.2026 |
| No. of shares Held in the Company | Nil |
| Qualification | B. Com from Rajasthan University |
| Nature of Experience | More than 27 years vast experience in the manufacturing industry, including roles at Sunil Healthcare Limited and Kaneeka Trimurti Minerals Pvt. Ltd. |
| Directorships held in other public Companies [excluding foreign and private] | Sunil Healthcare Limited |
| Inter-se relationship with other Directors | Not related to any existing Directors, serving as a Non-Executive and Independent Director. |
Stock Price Movement
Shalimar Wires Industries Ltd closed on a Monday afternoon at ₹17.58, slipping 1.73% as trading wrapped up. The shares fluctuated significantly throughout the day, hitting an intraday high of ₹17.86 before settling near the low of ₹17.01.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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