Uma Exports Limited Board Approves Key Reappointments of Directors and Executive Officers
Uma Exports Limited has announced that its Board of Directors, following a meeting held on July 4, 2026, has approved the re-appointment of several senior executives and independent directors for extended terms. These decisions were made based on the recommendation of the company's Nomination and Remuneration Committee.The appointments involve key managerial positions as well as securing long-term expertise through experienced independent directors.
Executive Leadership Reappointments
Mr. Rakhesh Khemka has been re-appointed as a Managing Director of the company for a further period of five years, effective from July 7, 2026, subject to shareholder approval. Mr. Khemka has been associated with Uma Exports since 1994 and possesses over 28 years of experience in various management roles.Additionally, Mr. Manmohan Saraf has been re-appointed as Executive Director and Chief Financial Officer (CFO) for a period of five years, effective from August 18, 2026, also pending shareholder approval. Mr. Saraf holds a bachelor's degree in commerce from Calcutta University and is an associate member of the Institute of Chartered Accountants of India.
Details regarding these executive appointments are summarized below:
| Director/Officer | Role | Effective Date | Tenure | Key Experience |
|---|---|---|---|---|
| Mr. Rakhesh Khemka | Managing Director | July 7, 2026 | 5 years | Associated with company since 1994; over 28 years in management roles. |
| Mr. Manmohan Saraf | Executive Director and CFO | August 18, 2026 | 5 years | Associate member of ICAI; internal auditor for the past 10 years. |
Independent Director Tenure Extended
The Board also approved the re-appointment of three individuals to the role of Independent Director for a second consecutive term spanning five years, effective July 7, 2026, pending shareholder approval. These directors are Mr. Vivek Parasramka, Mrs. Suman Agarwal, and Mrs. Priti Saraf.The independent directors bring specialized experience to the company:
- Mr. Vivek Parasramka: Holds a bachelor's degree in Commerce from the University of Calcutta and is noted for his vast experience and expertise as an enterprising businessman.
- Mrs. Suman Agarwal: Has a Bachelor of Arts (Education) degree from The Himalayan University, Itanagar, coupled with over five years of experience as an educator.
- Mrs. Priti Saraf: Holds a bachelor's degree in commerce from Calcutta University and has expertise in the field of Accounts and Finance and Income Tax, having worked as a freelancer.
All three independent directors confirmed that they are not related to any other directors of the company.
UMAEXPORTS Stock Price Movement
Shares of Uma Exports Limited settled flatly on Friday, closing at ₹21.98 after trading with no change for the session. The equity saw intraday movement ranging between a low of ₹21.7 and a high of ₹22.44, with 78,337 shares traded.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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