SKM Egg Products Export Announces Changes in Directorship and Leadership Structure
SKM Egg Products Export (India) Limited has approved significant changes to its Board of Directors, effective from June 25, 2026. The company announced that Mr. SKM Maeilanandhan will cease his directorship while being appointed as Chairman Emeritus, and Mr. SKM Shree Shivkumar has been appointed as the new Chairman of the Board.The Board meeting approved the cessation of Mr. SKM Maeilanandhan (DIN: 00002380), Executive Chairman of the Company. He will step down from the Board of Directors with effect from June 25, 2026, upon completion of his current term. In recognition of his significant contributions to the growth and development of SKM Egg Products Export over the years, he has been appointed as "Chairman Emeritus," subject to shareholder approval for the requisite amendment to the Articles of Association.
Concurrently, Mr. SKM Shree Shivkumar, currently serving as Managing Director of the Company, has been appointed as the Chairman of the Board of Directors with effect from June 25, 2026. Following this appointment, his designation will be formalized as "Chairman & Managing Director (CMD)." The company confirmed that there is no change to his existing terms of appointment, tenure, remuneration, powers, or responsibilities as Managing Director.
The details regarding the changes in directors are summarized below:
| Particulars | Mr SKM Maeilanandhan | Mr SKM Shree Shivkumar |
|---|---|---|
| Reason for Change | Cessation | Appointment |
| Date of Appointment /Cessation & Term of Appointment | With effect from 25 th June 2026 | With effect from 25 th June 2026 |
| Brief Profile | Not Applicable | Mr. SKM Shree Shivkumar is basically a BE (Mechanical) and got rich experience in civil, mechanical, poultry feed industry, wind mill, food processing industry for more than 25 years. |
| Disclosure of relationship between directors | Not Applicable | Mr. SKM Shree Shivkumar is related to Mr SKM Maeilanandhan, Mrs SKumutaavalli and Mr SK Sharath Ram |
SKMEGGPROD Stock Price Movement
Today, SKM Egg Products Export (India) Limited surged in post-market trading, closing at ₹268.00 after rallying 9.15%. The strong performance saw the equity touch its 52-week high during the session and was supported by robust activity as 3.62 million shares were traded today.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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