Yuken India Limited Appoints Mr. Yoshitake Tanaka as Whole-time Director
Yuken India Limited, a manufacturer of Oil Hydraulic Equipment in collaboration with Yuken Kogyo Co. Ltd., Japan, has approved a significant change in the designation of Mr. Yoshitake Tanaka. The company's Board of Directors sanctioned the transition of Mr. Tanaka from Non-Executive Director to Whole-time Director, effective October 1, 2026.The decision was made following the recommendation of the Nomination and Remuneration Committee at a meeting held on August 11, 2026. The appointment as Whole-time Director is set for a period of four years, subject to subsequent approval by the shareholders at the ensuing General Meeting.
Mr. Tanaka has been associated with Yuken India Limited since August 2022 and currently serves on the Board as a Non-Executive Director. His tenure previously included a period as Whole-time Director from September 14, 2022, to September 19, 2024.
Mr. Tanaka is a graduate in Business Administration from Senshu University, Japan. He possesses extensive experience across various operational domains including supply chain management, procurement, production control, corporate governance, and cross-functional business operations, contributing to operational excellence and group synergies within international subsidiaries.
Key details regarding the designation change have been outlined as follows:
| Particulars | Details |
|---|---|
| Reason for Change | Change in designation as Whole Time Director |
| Date of Designation Change | The Board approved the transition from Non-Executive Non-Independent Director to Whole-time Director, effective October 1, 2026. |
| Term Length | Four years, subject to shareholder approval. |
| Relationship Disclosure | Mr. Yoshitake Tanaka is not related to any of the Directors or Key Managerial Personnel of the Company. |
The company confirmed that Mr. Tanaka is not debarred from holding the office of Director by virtue of any order of SEBI or any other such authority.
YUKEN Stock Price Movement
Today, Yuken India Limited shares closed higher by 0.2%, settling at ₹805.2 in post-market trading. The equity fluctuated throughout the day within a range of ₹795.05 to ₹819.05 and saw a total traded volume of 11,285 shares.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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