Syschem India Ltd Board Maintains Existing Director Appointments and Remuneration Until March 2027
Syschem India Limited has announced that the existing appointments and remuneration terms for its key leadership will remain in force until March 8, 2027. The decision follows a board meeting held on July 17, 2026, where it was noted that the company did not receive shareholder approval for specific reappointment resolutions via postal ballot.The Board determined that the current terms for Mr. Ranjan Jain, serving as Managing Director, and Mr. Suninder Veer Singh, serving as Whole-time Director, will continue under the conditions approved by shareholders on April 9, 2022, which became effective from the board meeting on March 9, 2022.
Furthermore, the company confirmed that the revised remuneration approvals for both directors, which were secured through an extraordinary general meeting held on January 20, 2025, will remain valid until March 8, 2027.
The specific resolutions under consideration during the board proceedings included:
| Director Name | Designation / Role | Resolution Context |
|---|---|---|
| Mr. Ranjan Jain | Whole-time Director | Appointment and re-designation; remuneration fixation |
| Mr. Suninder Veer Singh | Managing Director | Appointment and re-designation; remuneration fixation |
The board meeting commenced at 1:15 P.M. and concluded at 1:40 P.M. The company had previously shared the results of the postal ballot and the scrutinizers report on July 14, 2026.
Stock Price Movement
As of 13:50, Syschem India Ltd shares are edging higher to ₹43.20, up 1.81%. The stock is currently navigating a wide intraday spread between a low of ₹41.55 and a high of ₹43.95.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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