GMM Pfaudler Ltd. announced the reconstitution of its key Board Committees following a meeting held on March 26, 2026. The changes, which are effective from April 1, 2026, detail new committee memberships, chairpersons, and composition across the Audit, Nomination & Remuneration, Risk Management, CSR, and Stakeholders Relationship Committees. The majority of positions are filled by Non-Executive Independent Directors, maintaining strong governance standards.
Board Committee Reconstitution Approved
The Board of Directors of GMM Pfaudler Ltd., during its meeting on March 26, 2026, formally approved the reconstitution of several critical Board Committees. These new structures will take effect starting April 1, 2026, ensuring alignment with governance requirements and strategic oversight requirements.
Audit Committee Composition
The Audit Committee will be chaired by Ms. Shilpa Nirula, a Non-Executive Independent Director. She will be supported by Mr. Prakash Apte, Mr. Nakul Toshniwal, and Mr. Vivek Bhatia, all serving as Members and holding Non-Executive Independent Director status.
Nomination & Remuneration Committee
The committee responsible for director appointments and compensation will see Ms. Bhawana Mishra assume the role of Chairperson. Other members include Mr. Prakash Apte, Mr. Nakul Toshniwal, and Ms. Shilpa Nirula. All appointed members are Non-Executive Independent Directors.
Risk Management Committee Changes
Mr. Vivek Bhatia has been appointed as the Chairperson of the Risk Management Committee. The committee membership is diverse, including Non-Executive Independent Directors (Mr. Prakash Apte), Non-Executive Non-Independent Directors (Mr. Ashok Patel and Mr. Raghav Ramdev), and Mr. Tarak Patel in his capacity as the Managing Director.
Corporate Social Responsibility (CSR) Committee
The CSR Committee will be led by Mr. Nakul Toshniwal as the Chairperson. The remaining positions are filled by Ms. Bhawana Mishra (Member), Mr. Ashok Patel (Member), and Mr. Tarak Patel (Member, Managing Director).
Stakeholders Relationship Committee Details
In the Stakeholders Relationship Committee, Mr. Nakul Toshniwal will serve as the Chairperson. The other members appointed are Ms. Bhawana Mishra and Mr. Tarak Patel, who serves as the Managing Director.
The official notification was executed by Mittal Mehta, Company Secretary & Compliance Officer, confirming these structural changes across the governance framework effective early in the new fiscal year.
Source: BSE
