Standard Industries Limited Reappoints Khurshed Thanawalla as Non-Executive Independent Director
The Board of Directors of Standard Industries Limited has secured the re-appointment of Shri Khurshed Thanawalla as a Non-Executive Independent Director (NEID). This decision was ratified by the members of the Company at its 129th Annual General Meeting held on August 18, 2026.The appointment extends Shri Thanawalla's tenure for five years, following the completion of his existing term. The re-appointment is set to commence from May 19, 2027, and will conclude on May 18, 2032. Prior to this new term, his current role was scheduled to end on May 18, 2027.
The company confirmed that Shri Khurshed Thanawalla is not debarred from the office of a Director by any order of the Securities and Exchange Board of India (SEBI) or any other relevant authority.
Appointment Details of Independent Director
Key details regarding the re-appointment, as presented by Standard Industries Limited, are summarized below:| Particulars | Details |
|---|---|
| Director's Name | Shri Khurshed Thanawalla |
| Type of Role | Non-Executive Independent Director |
| Previous Term End Date | May 18, 2027 |
| New Tenure Start Date | May 19, 2027 |
| New Tenure Duration | Five years |
| Tenure End Date | May 18, 2032 |
Director Profile and Relationships
Shri Khurshed Thanawalla possesses over four decades of experience across various sectors. His professional background spans the textile, shipping, trading and other industries in India, East Africa, and South East Asia. He has also maintained a close association with several Government and Business Bodies.Regarding corporate governance, it was confirmed that Shri Khurshed Thanawalla holds no relationship with any of the other Directors of Standard Industries Limited.
SIL Stock Price Movement
Standard Industries Limited shares shed 2.17% today, closing at ₹19.56 after the market session ended. The stock traded with a volume of 185,552 shares.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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