Sunil Industries Ltd Appoints New Independent Director, Reconstitutes Key Board Committees
Sunil Industries Ltd has announced the appointment of Ms. Shruti Satyanarayan Somani as an Additional Non-Executive Independent Director on its board. This change necessitated the reconstitution of several key company committees. The decision was made following a Board meeting held on June 26, 2026.Ms. Somani joins Sunil Industries Ltd for a period of five years, effective from June 26, 2026. She is qualified as a Practicing Company Secretary with over ten years of experience in corporate laws, secretarial practice, and regulatory compliance. Her expertise spans corporate governance, regulatory frameworks (including FEMA and FDI compliances), mergers and acquisitions, and board advisory services.
Ms. Somani confirmed that she is not related to any of the existing Directors or Key Managerial Personnel of the company. She also affirmed that she is not disqualified from holding the office of a director under Section 164 of the Companies Act, 2013, nor is she debarred by any regulatory authority.
Committee Restructuring Details
The appointment of Ms. Somani led to the immediate restructuring of three important board committees, effective June 26, 2026. The compositions for each committee are as follows:Audit Committee Composition
| Sr. No | Name | Designation |
|---|---|---|
| 1. | Mr. Rajesh Tibrewal | Chairman (Chairperson & Independent Director) |
| 2. | Ms. Bindu Darshan Shah | Member (Independent Director) |
| 3. | Mr. Pradeep Roongta | Member (Whole-time Director) |
| 4. | Ms. Shruti Satyanarayan Somani | Member (Additional Independent Director) |
Nomination & Remuneration Committee Composition
| Sr. No | Name | Designation |
|---|---|---|
| 1. | Mr. Rajesh Tibrewal | Chairman (Chairperson & Independent Director) |
| 2. | Ms. Bindu Darshan Shah | Member (Independent Director) |
| 3. | Ms. Shruti Satyanarayan Somani | Member (Additional Independent Director) |
Stakeholder Relationship Committee Composition
| Sr. No | Name | Designation |
|---|---|---|
| 1. | Mr. Rajesh Tibrewal | Chairman (Chairperson & Independent Director) |
| 2. | Ms. Bindu Darshan Shah | Member (Independent Director) |
| 3. | Ms. Shruti Satyanarayan Somani | Member (Additional Independent Director) |
Stock Price Movement
At the close of trade on Tuesday, shares of Sunil Industries Ltd settled at ₹86.50, ticking up 4.62%. The stock traded completely flat throughout the session, as the intraday high and low both held steady at ₹86.50.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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