Svarnim Trade Udyog Announces Director Changes and Committee Reconstitutions
Svarnim Trade Udyog Ltd announced key changes to its board composition and the reconstitution of two important internal committees following a board meeting held on Wednesday, April 22, 2026.The board meeting approved the appointment of Mr. Gulshan Kumar Aggarwal (DIN: 09700752) as an Additional Non-Executive and Non-Independent Director, effective April 22, 2026.
Simultaneously, the company recorded the resignation of Ms. Sangeeta Aggarwal (DIN: 10252827) from her post as Non-Executive and Non-Independent Director, also effective April 22, 2026. The company noted confirmation from Ms. Sangeeta Aggarwal that there are no material reasons for her resignation beyond what was stated.
New Director Profile and Relationships
Mr. Gulshan Kumar Aggarwal's profile highlights that he is a graduate from Punjab University, specializing in Public Relations and Finance, and possesses strong communication abilities and a solid foundation in financial concepts. The board also noted a relationship disclosure stating that Mr. Aggarwal is the father of Ms. Surbhi Aggarwal, the company's Whole-time Director.
Committee Reconstitutions
The company also detailed the reconstitution of two key committees, effective immediately:
Nomination and Remuneration Committee (NRC)
The NRC comprises the following members:
| Name of Director | Category | Designation |
|---|---|---|
| Ms. Chiranggi Rahul Goud | Chairperson | Non-Executive and Independent Director |
| Mr. Manish Shrichand Bachani | Member | Non-Executive and Independent Director |
| Mr. Gulshan Kumar Aggarwal | Member | Non-Executive and Non-Independent Director |
Stakeholder Relationship Committee (SRC)
The SRC has been reconstituted with the following members:
| Name of Director | Category | Designation |
|---|---|---|
| Mr. Gulshan Kumar Aggarwal | Chairperson | Non-Executive and Non-Independent Director |
| Ms. Chiranggi Rahul Goud | Member | Non-Executive and Independent Director |
| Ms. Surbhi Aggarwal | Member | Whole-time Director |
Stock Price Movement
At the close today, shares of Svarnim Trade Udyog Ltd settled at ₹10.43, pushing the stock up by 4.93%. However, the shares remained completely locked at this exact price point throughout the entire trading day.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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