Polymechplast Machines Limited has reconstituted its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. This action follows the resignation of Mr. Chirag Sureshbhai Shah as an Independent Director, effective August 7, 2026. The reconstitutions are effective from August 12, 2026, with updated member compositions across these key board committees.
Board Committee Reconstitution Announced
Polymechplast Machines Limited informed the stock exchange on August 12, 2026, about the reconstitution of its key board committees. This decision was made subsequent to the resignation of Mr. Chirag Sureshbhai Shah as an Independent Director from the company, with his resignation taking effect on August 7, 2026.
Audit Committee Changes
The reconstituted Audit Committee members are:
- Mr. Amit Shah (Non-Executive Independent Director) – Position: Chairman & Member
- Mrs. Asmani Surve (Non-Executive Independent Director) – Position: Member
- Mr. Mahendrabhai Bhuva (Chairman & Director) – Position: Member
Nomination and Remuneration Committee Update
The members and their positions in the Nomination and Remuneration Committee are as follows:
- Mrs. Asmani Surve (Non-Executive Independent Director) – Position: Chairperson & Member
- Mr. Mahendrabhai Bhuva (Chairman & Director) – Position: Member
- Mr. Amit Shah (Non-Executive Independent Director) – Position: Member
Stakeholders Relationship Committee Composition
The Stakeholders Relationship Committee has been reconstituted with the following members:
- Mr. Amit Shah (Non-Executive Independent Director) – Position: Chairman & Member
- Mrs. Asmani Surve (Non-Executive Independent Director) – Position: Member
- Mr. Mahendrabhai Bhuva (Chairman & Director) – Position: Member
- Mr. Anand Bhuva (Executive Director) – Position: Member
These changes are effective from August 12, 2026.
Source: BSE
