Sylph Industries Appoints Four Directors and Accepts Resignation of Non-Executive Independent Director
Sylph Industries Limited announced key changes to its Board composition following a meeting held on July 4, 2026. The company appointed four new directors—Mr. Sunil Amarchand Kalal, Mr. Gautam Chhaganbhai Mali, Mr. Sany Patel, and Ms. Shefali Mahek Gandhi—while accepting the resignation of Mrs. Divya Khandelwal from her post as Non-Executive Independent Director.The appointments were made by the Board of Directors based on recommendations from the Nomination and Remuneration Committee. The newly appointed directors hold positions effective from July 4, 2026, subject to shareholder approval. Ms. Shefali Mahek Gandhi was appointed as an Additional Non-Executive Independent Director.
Mrs. Divya Khandelwal submitted her resignation due to personal reasons and other commitments. Her cessation from the post of Non-Executive Independent Director is effective from the close of business hours on July 6, 2026.
New Board Appointments
The appointments reflect a strengthening of the company's board structure with expertise across corporate law, financial services, trading, and management accounting. Details regarding the newly appointed directors are as follows:| Director Name | Designation | Date of Appointment | Brief Profile Highlights |
|---|---|---|---|
| Mr. Sunil Amarchand Kalal | Additional Executive Director | July 4, 2026 | Experienced Corporate Law and Trademark Consultant with over 20 years in advisory and compliance. |
| Mr. Gautam Chhaganbhai Mali | Additional Non-Executive Non-Independent Director | July 4, 2026 | Trader engaged in the business of Supari (arecanut), focused on sourcing and marketing. |
| Mr. Sany Patel | Additional Non-Executive Independent Director | July 4, 2026 | Banking and finance professional with over 10 years of experience in retail and corporate banking. |
| Ms. Shefali Mahek Gandhi | Additional Non-Executive Independent Director | July 4, 2026 | Qualified Cost and Management Accountant (CMA) with over 8 years in cost accountancy and financial management. |
Details of Resignation
The details pertaining to the resignation are summarized below:| Aspect | Detail |
|---|---|
| Director Name | Mrs. Divya Khandelwal (DIN: 08444385) |
| Cessation Date | July 6, 2026 |
| Reason for Resignation | Personal reasons and other commitments. |
| Other Directorships | Bio Medica Laboratories Limited (Independent Director). |
Mr. Sany Patel's profile highlights over 10 years of experience in the banking and financial services industry, specializing in credit administration, risk management, and regulatory compliance. Ms. Shefali Mahek Gandhi brings extensive expertise as a Cost and Management Accountant, focusing on cost optimization and corporate governance.
Stock Price Movement
Sylph Industries Ltd shares settled at ₹0.28 on Friday, gaining 3.70% in the close of trading. Throughout the session, the stock demonstrated solid movement, having traded within an intraday range between a low of ₹0.27 and a high of ₹0.28.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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