Garware Hi-Tech Films Board Announces Key Leadership Changes

Garware Hi-Tech Films has announced significant leadership developments, including the appointment of Ms. Sonali Rajesh Mehta as an Independent Director and the re-appointment of Ms. Monika Garware as Vice-Chairperson and Joint Managing Director. These changes reflect the company’s commitment to robust corporate governance and experienced executive leadership. The appointments are scheduled to take effect in June and November 2026, respectively, pending standard shareholder approvals.

Appointment of Independent Director

The company has appointed Ms. Sonali Rajesh Mehta to its Board of Directors as an Additional Director in the category of Non-Executive and Independent Director. Ms. Mehta is a distinguished legal professional, holding degrees in Law (LLB) and Commerce (B.Com) from the University of Mumbai, and is an active member of the Bombay Bar Association. With over a decade of expertise in dispute resolution, arbitration, and commercial litigation, she brings extensive experience to the board. Her term is set to commence on June 25, 2026, for an initial period of one year.

Strategic Re-appointment of Executive Leadership

Garware Hi-Tech Films also announced the re-appointment of Ms. Monika Garware to the dual role of Vice-Chairperson and Joint Managing Director. A veteran of the company with tenure dating back to 1989, Ms. Garware plays a pivotal role in steering the company’s business affairs. Her new term will span five years, effective from November 1, 2026, through October 31, 2031. She is highly qualified, holding an M.B.A. from the Lubin Business School at Pace University, New York, following her graduation from Vassar College.

Leadership Profile

These appointments reinforce the leadership team’s depth and diversity. Ms. Sonali Rajesh Mehta joins the company as an independent voice with a background in complex liability insurance claims and insolvency. Meanwhile, Ms. Monika Garware continues to maintain her long-standing commitment to the company, ensuring stability and strategic continuity for the next five years. Both appointments are subject to the standard formalization by the shareholders.

Source: BSE

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