Shanti Gold International Ltd. Re-appoints Directors, Approves Remuneration Increase
Shanti Gold International Limited announced on March 19, 2026, that its Board of Directors has approved the re-appointment of Mr. Pankajkumar Jagawat and Mr. Manojkumar Jain. The decisions were made at a board meeting held on March 19, 2026, which commenced at 4:00 p.m. IST and concluded at 4:45 p.m. IST.Mr. Pankajkumar Jagawat will be re-appointed as Managing Director for a period of 5 years, effective September 01, 2026, to August 31, 2031. His remuneration will also be increased, effective February 01, 2026, subject to shareholder approval through a Postal Ballot. Mr. Jagawat oversees factory operations and is responsible for financial activities, including budgeting and working capital management.
Mr. Manojkumar Jain has also been re-appointed as Whole-time Director for a 5-year term, effective September 01, 2026, to August 31, 2031, with a remuneration increase effective February 01, 2026, also subject to shareholder approval. Mr. Jain possesses over 20 years of experience in the jewellery manufacturing sector.
Details regarding the re-appointments are presented below:
Re-appointment of Mr. Pankajkumar Jagawat
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | Reason for change | Re-appointment of Mr. Pankajkumar Jagawat (DIN: 01843846) as Managing Director. |
| 2 | Date of appointment & term | Effective date: September 01, 2026. Term: September 01, 2026 to August 31, 2031 (5 years). |
| 3 | Brief profile | Mr. Jagawat has over 25 years of experience in the jewellery manufacturing and trading industry. He oversees factory operations and is responsible for financial activities, including budgeting and working capital management. |
| 4 | Disclosure of relationships | Mr. Jagawat is not related to any Directors or Key Managerial Personnel of the Company. |
| 5 | Debarment confirmation | Mr. Jagawat is not debarred from holding the office of Director by any regulatory authority. |
Re-appointment of Mr. Manojkumar Jain
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | Reason for change | Re-appointment of Mr. Manojkumar Jain (DIN: 01817027) as Whole-time Director. |
| 2 | Date of appointment & term | Effective date: September 01, 2026. Term: September 01, 2026 to August 31, 2031 (5 years). |
| 3 | Brief profile | Mr. Jain has over 20 years of experience in the jewellery manufacturing sector. He is responsible for product development, sourcing, quality control, and operations management. |
| 4 | Disclosure of relationships | Mr. Jain is not related to any Directors or Key Managerial Personnel of the Company. |
| 5 | Debarment confirmation | Mr. Jain is not debarred from holding the office of Director by any regulatory authority. |
Source:
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.