Shanti Gold International Ltd. Re-appoints Directors, Increases Remuneration
Shanti Gold International Ltd. announced that its Board of Directors approved the re-appointment of Mr. Pankajkumar Jagawat and Mr. Manojkumar Jain at a meeting held on March 19, 2026.Mr. Pankajkumar Jagawat will continue as Managing Director for a period of 5 years, from September 01, 2026, to August 31, 2031. His remuneration has also been increased, effective February 01, 2026. Similarly, Mr. Manojkumar Jain was re-appointed as Whole-time Director for 5 years, from September 01, 2026, to August 31, 2031, with an increase in remuneration effective February 01, 2026. Both appointments are subject to shareholder approval through a Postal Ballot.
The Board Meeting commenced at 4:00 p.m. IST and concluded at 4:45 p.m. IST.
Details of Re-appointments:
Mr. Pankajkumar Jagawat (DIN: 01843846)
| Particulars | Details |
|---|---|
| Reason for Change | Re-appointment |
| Term | September 01, 2026 to August 31, 2031 (5 years) |
| 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. |
| Relationships | Not related to any Directors or Key Managerial Personnel |
| Debarment | Not debarred by any authority |
Mr. Manojkumar Jain (DIN: 01817027)
| Particulars | Details |
|---|---|
| Reason for Change | Re-appointment |
| Term | September 01, 2026 to August 31, 2031 (5 years) |
| Profile | Mr. Jain has over 20 years of experience in the jewellery manufacturing sector, with expertise in product development, sourcing, quality control, and operations management. |
| Relationships | Not related to any Directors or Key Managerial Personnel |
| Debarment | Not debarred by any authority |
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