Shree Pacetronix Ltd. has announced the re-appointment of three key directors following a Board of Directors meeting. Mr. Akash Sethi has been re-appointed as Joint Managing Director for a term of 3 years, commencing August 14, 2027. Ms. Manali Tongia and Ms. Somya Chhabra have each been approved for a second term as Non-Executive Independent Directors, each for 5 years, starting March 24, 2027, and May 6, 2027, respectively. These appointments are subject to shareholder approval.
Board Approves Key Director Re-appointments
Shree Pacetronix Ltd. has announced significant decisions made during its Board of Directors meeting held on Thursday, August 13, 2026. The Board has approved the re-appointment of three integral members, signalling a commitment to stable leadership and continuity. These re-appointments are subject to the approval of the company’s shareholders at the upcoming Annual General Meeting.
Re-appointment of Joint Managing Director
On the recommendation of the Nomination and Remuneration Committee, the Board approved the re-appointment of Mr. Akash Sethi (DIN: 08176396) as Joint Managing Director. His new term will commence on August 14, 2027, and extend for 3 consecutive years, concluding on August 13, 2030. Mr. Sethi, aged approximately 35 years, has been a Director since 2018 and brings over 8 years of industry experience, including expertise in medical device manufacturing.
Extension for Independent Directors
The Board also approved the re-appointment of two Non-Executive Independent Directors. Ms. Manali Tongia (DIN: 09542172) will begin her second term on March 24, 2027, for a period of 5 consecutive years, concluding on March 23, 2032. Ms. Tongia, aged 38, is noted for her balanced outlook and commitment to corporate governance. Additionally, Ms. Somya Chhabra (DIN: 09597296) has been re-appointed for her second term as a Non-Executive Independent Director. Her term will start on May 6, 2027, and run for 5 consecutive years, ending on May 5, 2032. Ms. Chhabra, aged 27, is recognized for her thoughtful approach to governance and ethical values.
Leadership Continuity
These re-appointments are crucial for maintaining the strategic direction and operational efficiency of Shree Pacetronix Ltd. The extended terms for these key individuals underscore the Board’s confidence in their ability to guide the company through its growth phases and uphold its commitment to robust corporate governance standards.
Source: BSE
