Shelter Pharma Board Approves Appointment of New Independent Director and Reconstitutes CSR Committee
The Board of Directors of Shelter Pharma Ltd has approved several key appointments and committee reconstitutions, effective from July 31, 2026. The company announced the appointment of Ms. Vinita Shivraj Gadhvi as an Additional Non-Executive Independent Director and detailed the new composition of its Corporate Social Responsibility (CSR) Committee following changes in the Board structure.Ms. Vinita Shivraj Gadhvi was appointed to the board, with a tenure fixed for five consecutive years starting July 31, 2026. Her appointment is subject to shareholder approval. She has been declared independent and is not related to any existing Director or Key Managerial Personnel on the Board of the Company.
The company confirmed that Ms. Gadhvi satisfies all statutory criteria for independence. In addition, she was noted as not being debarred from holding the office of a Director by virtue of any SEBI order or other such authority.
CSR Committee Restructuring
In response to changes in the composition of the Board of Directors, the Board approved the reconstitution of the Corporate Social Responsibility (CSR) Committee. The committee structure, effective July 31, 2026, is detailed below:| DIN | Name | Designation | Position in Committee |
|---|---|---|---|
| 10039962 | Mr. Mosinkhan Gafarkhan Pathan | Non-Executive Independent Director | Chairman |
| 09102407 | Ms. Vinita Shivraj Gadhvi | Non-Executive Independent Director | Member |
| 01456841 | Mr. Mustaqim Nisarahmed Sabugar | Managing Director | Member |
| 01470286 | Mrs. Parvezbanu Mohamed Rafiq Idariya | Director | Member |
Profile of Ms. Vinita Shivraj Gadhvi
Ms. Vinita Shivraj Gadhvi brings over 12 years of experience to the company, spanning pharmaceuticals, healthcare innovation, consumer brands, quality systems, research, and strategic growth. She holds a Ph.D. focused on the Indian Healthcare Startup Ecosystem, an MBA in Total Quality Management, and a B.Pharm degree.Her professional focus areas include regulatory compliance, R&D commercialization, strategic business development, and quality assurance. Ms. Gadhvi has been recognized for her contributions to healthcare innovation through various grants and publications, including being featured in the Government publication "Women in Startups" and India TV's "Leader Betiya" program. She is neither related to any existing Director of the Company nor other members of the Board.
Stock Price Movement
Shelter Pharma Ltd shares settled at ₹26.75 on Thursday, ticking down 0.07% from the previous close. The stock was locked and traded completely flat throughout the day as both the intraday high and low stood at ₹26.75.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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